Understanding the Los Angeles Car Insurance Laws

Image result for car insurance law

Many accident victims often ask, is Los Angeles a no fault state? Los Angeles is not a “no-fault” state. It follows the traditional “fault” system in resolving financial liability for damages arising from an auto accident, including lost income, injuries, property damages and so on. Meaning, the at-fault party is liable for the resulting injuries – so technically, the insurance provider of the responsible party will take care of these losses, up to policy limits.

If you are a victim of an auto accident, you may proceed in one of these three ways:

You may file a claim with your own insurance company if your loss is covered under the policy. Land Rover RR Sport Personal Lease In which case, your insurance carrier will pursue a subrogation claim against the insurance company of the responsible party.

  • You may file a third-party lawsuit directly with the insurance company of the at-fault driver, or
  • You may file a personal injury lawsuit in civil court against the responsible driver

If you are involved in a major accident in Los Angeles, you have all these options open for you. But if it were in a “no-fault” state like Florida, you wouldn’t have similar range of choices. After a wreck in a no-fault state, the victim is responsible for filing a claim with their insurance provider to receive compensation for the losses, irrespective of who was at fault.

But either way, the process of filing a lawsuit can be daunting and complicated, especially since you are already shaken up from the accident, and you don’t have an understanding of law. Besides, insurance companies won’t have your best interest at heart. If anything, they are in it for business, and paying you doesn’t align with their bottom line. That’s why it’s often recommended that you work with a reputable car accident lawyer who will help you navigate through the entire process, and to recover the losses and expenses.

Car insurances requirement in Los Angeles

The state mandates you to hold liability car insurance that meets these minimums:

  • $5,000 for property damage for an accident caused by the driver/owner of the insured car
  • $30,000 for all personal injury or death liability in a wreck caused by driver/owner of the insured vehicle
  • $15,000 for personal injury or death of a single person in an wreck caused by the driver/owner of the insured vehicle

Statute of limitation

You have two years from the accident date to file your personal injury, product liability or wrongful death lawsuit. Otherwise, the court will dismiss the suit irrespective of its merits. But you’ll have three years to submit your claim for property damage. This time limitation prevents victims from forcing the at-fault parties from defending themselves from incidents they might not remember clearly, Land Rover RR Sport Used Cars.

Talk to a lawyer

Although you can file a claim on your own, getting legal help from experienced car accident attorneys in Los Angeles can be pretty invaluable, especially if you are unsure of how to go about the process. One of the great things about lawyering up is that you get to save time, money and other intangibles. Remember, there may be aspects of law that insurers leave unsolved – a lawyer will always be there to defend your interests.

Related Posts

Four Things You Need to Consider in Choosing a Bed Mattress

While the cheapest mattress may tempt you on the market, remember that quality comes with a price. To choose a quality mattress, look for a reputable manufacturer…

Two Story House Plans & Home Designs

Two-story houses are available all kinds of styles and sizes, from easy farmhouse designs to opulent mansions Planning to stay a long time? Consider designs with the…

4 Ways Investing in Insurance Can Help Save for Your Children’s Education

  An education insurance policy is the best shot for saving for your child’s academic future. There are many ways to save for your child’s academic future…

4 Perfect Vacation Goals for Students in 2021

Every holiday that comes by, we look forward to taking a nap, rest and rest from school’s stress. We want to tug our jaded bodies to some…

How to Properly Plan and Design Your Interior Space

Your home is not just a bunch of rooms piled together. Your home isn’t just a building. It should be where you’re most comfortable. There are many…

Home Renovation Loans: What Are They, And How Can You Get One?

Home renovation loans can be very tricky and difficult if you do not understand its intricacies before securing one. Reviews from Collected.Reviews show that you might be…