Wang Insurance


What car insurance coverage do I need?


What liability limits are right for me?

Bodily injury liability helps cover the other party's medical bills, lost wages, as well as a legal defense in the event you are sued.

Your liability limits should be in line with your net worth (this includes your assets, savings, stocks, equity in your property, and anything else you can add in).

  • If you or your household makes $25k-75k per year, you should consider getting limits of at least 100/300.
  • If you or your household makes $75k or more per year, you should consider increasing those limits to at least 250/500 (and possibly getting an umbrella policy above that).
  • If you have children who drive, it's suggested to purchase the most extensive coverage available. Young drivers lack experience, which means they're more likely to be involved in an accident. You want to make sure your assets are protected.

You always want to make sure you're adequately protected. You never want to have to pay with your own money after an accident.

Property damage liability helps pay for the damage to the other party's vehicle. Car parts and the cost of repair can get quite expensive, so we do suggest going higher with this limit.

Do I need to get uninsured/underinsured motorist bodily injury liability?

This is an important one! Although auto liability insurance is required by law in California, many drivers do not carry car insurance. On top of that, many drivers carry only the minimum liability coverage, meaning their coverage isn't sufficient to pay for damages they might cause in an accident. For this reason, car insurance companies created uninsured and underinsured motorist coverage. Uninsured motorist coverage covers you if you're in a not-at-fault accident with a driver who does not have insurance and you get injured.

What do medical payments cover?

Medical payments help cover medical costs for you and your passengers, whether or not you're at fault. If you have good health insurance, you may not need this coverage. Many times, medical payments on your auto policy will only kick in second to your health insurance. Check the details on both policies to see.

What if I can't afford higher limits?

Even if you're the safest driver, the reason for insurance is because accidents can and do happen. Through your auto policy limits, you can get the adequate protection you need for peace of mind.

Get those discounts

  • Do you have a four year degree?
  • Do you have very low mileage?
  • Do you own a home? 

Some carriers will give extra discounts. Although we can’t identify the precise limits you’ll require, the above is hopefully a good starting point to learn a little more about what your policy offers. Our insurance advisors are here to help answer any questions and get your policy started.

*Please note that the information presented only touches on factors to consider when choosing coverage. It is to be used in a general nature, not to specify the exact level of coverage you should purchase.