Whatever your California insurance needs:
auto, home, business, health, life or specialty --
choose Binney, Chase & Van Horne, Inc. 

State insurance regulations - Overview
California is a tort state, which means that if you are a resident of the state, you're financially responsible for the damage and injury you cause in an auto accident.

To drive a vehicle, you're required to show proof of your financial responsibility. You can prove this responsibility with a bond or cash deposit of $35,000 with the DMV, or by purchasing a minimum amount of liability coverage.

Most drivers wisely opt to buy the and insurance policy, instead of risking their own assets.

California's liability minimums are 15/30/5. (That's $15,000 per person for injuries you cause to the other party, up to $30,000 for all, and $5,000 for damage you cause to the other party's property.)

The state's auto insurance companies will also offer optional coverages such as medical payments, collision, comprehensive, and uninsured and underinsured motorists bodily injury coverage.

How your insurance rates are set
For better or for worse, the price of California auto insurance is decided by the behavior of the state's drivers as a whole. The state's auto insurance companies take the cost of insuring California drivers (this includes settlements and legal fees) and divide it up between everyone.

But these costs aren't spread around evenly (naturally). Instead, the percentage you pay is decided by things like your driving record, your age, where you live, and the kind of car you drive.

Of course, not all insurance companies compute their figures in the same manner. This means that they all charge different rates on the same driver.

What this means for you, is that you should shop around, and compare the different rates (and they'll be very different!) for the best deal. It's the fastest easiest way to save on your policy.

Contact Binney, Chase, & Van Horn, Inc. for details on getting the lowest auto insurance and homeowners insurance rates through Mercury Insurance.