How Much Is Auto Insurance In California?
A typical auto insurance policy usually ranges from $1000 up to $7000 per annual premium. However, policy premiums vary greatly on the deductible rate the policyholder chooses. As well as, the minimum limit the driver must purchase, based on their location. Different locations in the state of California require different limits, this is for the reason that some locations in California have a higher injury rate due to vehicular accidents than the other cities. Also, the use of the vehicle, if the vehicle is for business use this could generally procure a higher premium rate — rather than the vehicles, that is for pleasure use or for going to work only. There are other factors to determine the cost of an auto insurance policy; these factors are vehicle-related factors and driver-related factors. Additionally, auto insurance rates vary depending on the insurance carrier, on which the policyholder purchases its auto insurance.