How Much Used Car Insurance is Enough?

When you buy a used car from Pacific Honda, you’ll need insurance coverage. To a degree, your insurance coverage is up to you, but you may want more than the state’s minimum. 

Mandatory Insurance Coverage

The state of California mandates a certain amount of insurance coverage, so you must carry liability insurance no matter what. This covers you when you cause property damage or harm others. You must carry liability insurance with $15,000 in coverage for injury or death to one person, $30,000 for injury or death to more than one person, and $5,000 in coverage for property damage.

Other Types of Insurance Coverage

However, you may want enhanced insurance coverage for your used car. Used car drivers have numerous options that help them pay for additional costs that arise from an accident.

Uninsured or Underinsured Motorist Coverage: This helps pay for the costs of an accident if the driver who is at fault has no insurance or not enough insurance to pay the resulting bills. It’s generally a good idea to get this coverage because it gives you some layer of protection if the driver who hits you has no coverage of their own.

Collision and Comprehensive: Collision can pay for repairs to your car if you hit something, like a tree or another vehicle. Comprehensive can pay for different types of damage, like damage from vandalism or flooding. Car repairs can be expensive, so it’s wise to price out policies that contain these types of coverage and decide if it’s worthwhile to have them.

GAP Insurance: This covers you if there’s a “gap” between the value of your car when it’s totaled and how much you still owe on your car loan. This is less of a necessity for used vehicles than new ones, but it may be required as part of the financing for a car of any age.

If you want to find a dependable used car of your own, visit our Honda dealership near Poway. We can help you find a Honda vehicle you’ll love, and even help with enhanced insurance or maintenance plans.