Maybe you just got off the 405 after witnessing a handful of ordinarily sane adults drive like demolition NASCAR racers. You're stressed and just want to shop as easily and hassle free as possible. If you're shopping for Lake Forest insurance quotes, you've come to the right place. First, I'll give you a little insurance education; then show you how to find the best deals. Soon you'll be sitting as pretty as the cast of The OC. Let's start with auto insurance.
California Auto 101
If you've been in California longer than 30 minutes, you're already familiar with the madness of operating a vehicle. Whether it's the densely packed freeways and cities or the dense-minded motorists, driving anywhere in SoCal is an exercise akin to walking through Berkeley wearing an elephant on your T-shirt. You'll need adequate protection; here's the minimum defined by California law:
- $15,000 for death or injury of any one person, any one accident.
- $30,000 for all persons in any one accident.
- $5,000 for any one accident Property Damage Waiver.
And something further to consider when getting any Lake Forest insurance quotes: Cali is a Tort State, which means someone will be found at fault in an accident and that person has to pay the repairs, medical bills and possible "pain and suffering" of the other party. That can get expensive. Speaking of expense, according to the Insurance Information Institute's (iii) 2007 report, Californians pay $800 yearly for auto insurance.
Home Sweet Home
Until recently, it seems all you had to worry about as a SoCal resident was fire, theft, earthquakes, and the occasional landslide. But in 2010, the Federal Emergency Management Agency (FEMA) redrew their flood maps, adding another layer in the Lake Forest insurance equation. Having to purchase flood insurance could add another $500 to over $1,000 per year on top of your premiums. That's like three pairs of Oakleys. In addition to flood, there are a handful of other standard ways to be covered:
- Dwelling: protects the house/structure from peril.
- Other Structures: other dwellings not attached to the house, like a garage or tool shed.
- Personal Property: contents of the home, but limited on items like furs, fine art, and jewelry.
- Loss of Use: if your home is uninhabitable this covers lodging, meals, storage.
- Personal Liability: provides defense if you're liable for injury to others.
- Medical Payments to Others: pays medical expenses for those accidentally injured on your property.
Lowering Your Lake Forest Insurance Quotes
Like everything in California, Lake Forest insurance quotes come with a hefty price. But there are ways to lower your premiums. When shopping for auto insurance, ask about discounts for anti-lock brakes, anti-theft systems, airbags, good student, and defensive driving. If you bought your home during the housing bubble, you've probably seen its value plummet in recent years, particularly in Orange County. Reassess the actual current value and only buy coverage for that value rather than what it was in the past. If you're 55 or older, ask about discounts --you could save 10% with some companies. And probably the best way you can save money is to comparison shop with NetQuote. It's free and easy and you'll be able to compare quotes from a handful of companies.