How much should I pay for liability insurance in an affluent neighborhood in Los Angeles?
I'm 21 and I have had one minor accident. I pay around $1,600 in liability insurance for a six-month policy. Should I shop around for a better rate, even if I live in a wealthy neighborhood in the Los Angeles suburbs?
Apr 28, 2021
Answer provided by
Answered at Apr 28, 2021
Liability CoverageCar InsuranceCalifornia
“California has some of the lowest minimum liability insurance requirements in the country.
Based on where you live, the minimum 15/30/5 liability coverage is basically in place so you can drive legally; it’s unlikely to cover much of anything in the event of an at-fault accident.
Instead, you might want to consider getting 250/500/250 liability insurance, or even up to $1 million on bodily injury liability and property damage liability due to the increased cost of living where you are.
As for what you can expect to pay, it will vary, especially because you’ve had an accident and because of your age. Shop for car insurance quotes online to compare rates from the top insurance companies and get the most affordable premium.”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
Can you sell a house without home insurance?
I inherited a house from my grandmother after her death. I'm looking to sell it, but the property has no home insurance. Can I sell the place anyway?
Mar 05, 2021
Why are prices so wildly different between car insurance companies?
I got a bunch of quotes recently and the best one is 30% to 60% cheaper than the others. Coverage is exactly the same for all the quotes. How does this happen? Is this normal?
Apr 12, 2021
What would happen if my sister got into an at-fault accident with my car?
My sister lives in a different state and drives my car full-time. It's still registered to me and on my insurance. She is also insured on our dad's policy, but not with my car. I'm planning on transferring the title to her, but I'm wondering what would happen if she gets into an at-fault accident?
Apr 21, 2021