Do all insurers in California have to comply with the $15,000 minimum for property damage? My car was hit today while parked, and the other driver is fully at fault. I asked him about his property damage coverage limit, but he wasn’t sure. I know that California has a minimum coverage of $15,000 starting January 1, 2025. Does that mean his insurance will cover at least $15,000 in damages? Thanks for your help!
do all insuranced in CA have to follow the $15k minimum property damage?
In California, the minimum property damage liability coverage requirement is indeed set at $15,000 per accident, which will be effective starting January 1, 2025. However, it’s important to note that this requirement applies to insurance policies taken out after that date. If the at-fault party’s insurance policy was in effect before then or if it has a higher limit, they may have more coverage than the minimum.
In your case, since the other party is at fault, their insurance should cover the damages to your vehicle, up to the limit of their policy. If they have the minimum required coverage of $15,000, then that would be the maximum amount they can pay for your property damage. If their coverage is higher, then you may be eligible to receive a larger amount. You might want to follow up with the at-fault party or contact their insurance directly to clarify the limits of their coverage. Additionally, consider documenting the damage and any related expenses, as this will help in the claims process.