Comprehensive Car Insurance in California: The Great-6 Hidden Secrets
According to the Bankrate survey that was conducted in 2021, most drivers in California usually pay $2,065 per year.
However, this is not the standard amount compared to other states whose rates are a bit lower than for drivers in California. That could vary depending on the city you are located in California.
You will be surprised to know that Los Angeles is one of the cities in California whose drivers pay the highest comprehensive car insurance premiums. According to the Bankrate’s report, they pay 37% higher than normal drivers in the state.
The situation becomes even worse for parents who want their teens and young adults to be driving on the road. Most insurance companies in California will require them to pay over $3,744 annually for comprehensive car insurance coverage.
This huge amount will vary depending on a number of factors including the type of car, the driving history of the driver, the number of claims one has made in a year, and the number of miles the vehicle is traveling every year. If your driving history is characterized by multiple violations, be sure of higher premiums.
Having known that, let’s dive in to know the six major reasons you should have comprehensive car insurance in California in the year 2022. So, are you ready? Let’s dive in.
1. It Literally Caters for All the Losses
According to statistics, over 78% of drivers usually take comprehensive car insurance besides having the liability average insurance cover. That should dive you into the question of what is comprehensive car insurance. Well, we can simply say it is coverage that covers you, your car, your passengers, and any other third-party subject.
Now you can see why it is more expensive than normal third-party insurance. Let me make it even clearer; for third-party insurance, your insurance company will only pay for the damages made to the third party. That’s why I don’t like this kind of coverage although it is cheaper.
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That means, whether your vehicle was shattered into pieces or you lost part of your body in an accident, the insurance company will just seek to pay the third party; that’s the driver that you collided with. I think every driver should go for comprehensive car insurance even if it is somehow expensive.
Sometimes, it is not your fault when an accident occurs, some reckless driver just bumped into you. If you have been covered with third-party insurance, you will be surprised that the payment is to a third party. Howbeit, if you are under comprehensive car insurance, then you can be sure all losses are catered to.
Whether the car is totally damaged or has been stolen, your comprehensive coverage will speak for you. Yes, it comes with high premiums but what will do if you one day find yourself in a fix and you were only paying third-party insurance? that’s a good question to ask yourself.
2. It is a Smart Option for New Car Owners
Why do I call it a smart option for the insured who have recently purchased new vehicles? It is amazing to know that some insurance companies in California can handle your registration and the CTP for your newly bought car. You don’t need to pay as long as you have met the required criteria.
Having known the hassle that comes along with car registration, you will know how comprehensive car insurance is important to the insured. Some insurance companies may even go to an extent of giving you a brand new car if your car was involved in an accident.
However, for the car to be replaced by the insurer, it should not have been used for more than a year. More on that should be given by the insurance company. That’s the beauty of having comprehensive car insurance.
3. They Provide a Rental Car When Your Car is Being Repaired
This is one of the factors that really made me love comprehensive coverage. In situations where your car has been involved in an accident and you need to travel, the insurer is obliged to provide you with a rental car. That is a benefit that you will never get if you are into third-party coverage.
Another thing you should note with comprehensive car coverage in California, if your car has been stolen, you will be given a rental car for a period of 14 days until the car is found. Assuming that you had no fault in an accident, you will be given a vehicle that you will be using until the case is over.
Of course, they consider various factors before giving you those benefits, and the baseline is that you must be enrolled in the comprehensive coverage. The insurers do that to ensure your daily routines are not inconvenienced by the accident or loss of your vehicle. Do you see why I love comprehensive car insurance?
4. It Covers you From Theft of Some Spare Parts of the Car
You just packed your car and before you return, thieves have disconnected the side mirrors and some wheels. In such a situation, who do you call? Well, that’s where the insurance company comes in to ensure your car is repaired and every part replaced.
Nevertheless, you cannot enjoy that benefit if you are into third-party insurance; such benefits are for drivers with comprehensive car insurance. Before you take the third-party insurance, think of what will happen when you find your head and tail lamps disconnected.
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Based on such risks, the insurance companies in California will compensate you for such theft and damages of your car parts. Always keep your car safe because the illegal business of car spare parts is on the rampage. That’s why we encourage drivers to have comprehensive car insurance.
5. It Covers Even the Uncommon Risks
Take an example of President Trump supporters clashing with supporters in Los Angeles just near where you had parked your car. Since they are throwing stones at each other, your car is likely to be damaged and your windscreens shuttered.
Under third-party insurance, you will get stressed and think of how to repair the car from your own pocket. Your bad, if your bank account is red. However, the scenario under comprehensive car insurance is quite different. It becomes the responsibility of the insurance company to repair the car and pay for any stolen item from your car.
The case happens in case of a terrorist attack, floods, fire, earthquakes, or hailstones. If your car is caught in the midst of a storm, don’t worry because your insurance company is there to ensure everything is alright. That’s if you have been taking the comprehensive coverage.
I know someone could be asking, what happens if my car jerks or develops a technical hitch in the midst of the road far from a city? Well, you can’t believe it but under comprehensive car insurance, the insurer will tow the car from that place to the mechanic. They do the same in case of an accident.
6. It Covers Lawsuit and other Legal Fees
I am not saying that the other benefits we have listed above are not important; they are. All I am saying is that this benefit has a greater weight compared to the rest.
If you know the cost of filing a lawsuit and pursuing it in court, you will appreciate this type of car insurance. Not to mention the cost of hiring an accident attorney in California.
ALSO READ: How to Get A Great Car Insurance in California in 2022
However, thanks to comprehensive car insurance that ensures such costs are catered for in case of an accident. Besides giving you a rented car to use during the proceedings in court, they pay for all your legal fees.
If you are not aware of your rights under comprehensive coverage, some insurers will end up exploiting you and asking you for some money. But know it from today that your comprehensive coverage covers all those legal fees.
Side Note:
Now that the insurers are willing to pay for all the above and ensure you get all the above benefits, don’t ever think that you can exploit their generosity or coverage.
Some insured think that they can be reckless on the road, causing accidents, driving under influence, and still get compensated in case of an accident.
Remember that the insurance company has its assessors and qualified agents who will thoroughly dig out facts to know the cause of the accidents.
The Bottom Line
There are no proper words to fully explain the great benefits of having comprehensive car insurance especially in a state like California where unexpected happenings occur. If you want to keep your car safe from earthquakes and wildfires, then comprehensive coverage will work for you.
Although it may be slightly expensive than the third-party coverage, you will reap the benefits of it in case of an occurrence of an unpleasant uncertainty. So, just pay the cost and you will smile in the future. Well, that’s all we have for you today on this topic.
If you have any questions in regard to this topic, don’t hesitate to leave them in the comment box below or contact us and we will be more than happy to answer you. See you in our next article.
Originally published at https://thetrends.info on January 7, 2022.
