If you want to drive on public roads, you need to have auto insurance, as is required by law. If you need to buy automobile insurance, you need to know how it works. The amount of required insurance differs depending on your state, but most states require that you have at least liability insurance.
Liability Insurance
Liability is the lowest form of auto insurance in Murrieta, CA. Liability says that your insurance company will cover the cost of any repairs to another vehicle that might be your fault. If you are not the party at fault, then the other person’s insurance is supposed to cover it. Also, typical liability insurance does not cover repairs to your vehicle if the accident is your fault.
Liability tends to have lower premiums and lower deductibles. Premiums are the amount of money you have to pay every month to be covered by insurance. You pay a premium so that insurance companies can then use that money to pay for people who have accidents.
The deductible is the amount of money you have to pay before your insurance begins picking up costs. How much deductible you have to pay differs between different Murrieta auto insurance plans. You want to pick a plan with as low a deductible as you can find.
Full Coverage
Full coverage auto insurance covers you and the other vehicle that was involved in a collision if it was your fault. Full coverage is more expensive than liability: it has higher premiums and higher deductibles, however, if you have a car that is worth the money, then full coverage makes sense.
There are also some intermediate plans that cover certain things but not others. If you have some kind of specialized use of your vehicle in mind, then a specialized insurance plan might make sense.
