Do all insurance policies in California have to adhere to the $15,000 minimum for property damage? I was in a situation today where my parked car was hit, and the other party is entirely at fault. I asked them about their property damage coverage limit, but they were unsure. Since California’s minimum requirement of $15,000 takes effect on January 1, 2025, does this mean that their insurance will at least cover that amount? 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, effective January 1, 2025. However, this minimum applies to new policies and does not retroactively change existing coverage. If the other party’s insurance policy was in effect prior to this date, they may have a lower limit.
To know whether his insurance will cover at least $15,000 for your property damage, you would need to confirm the specific coverage limits of his policy. Many drivers opt for higher coverage limits, so it’s possible that he may have more than the minimum required. It would be a good idea to collect information about his insurance and contact his insurance company for details about coverage limits.
In any case, since the other party is at fault for the accident, you should be able to file a claim with their insurance for your damages, and they should compensate you up to the limits of their policy. Good luck!