The state of California mandates that every driver and vehicle owner must have a state minimum amount of liability insurance coverage. Even drivers with an out-of-state license or no license at all still have to abide by the financial responsibility (insurance) requirements while driving in the state.
A liability insurance policy covers the cost of damage to properly and/or bodily injury if you’re found to be at fault for a motor vehicle accident. The minimum amount of California liability coverage required for private passenger vehicles is:
- $5,000 for property damage
- $15,000 for injury/death to a single person
- $30,000 for injury/death to more than one person
You can also fulfill the financial responsibility requirements without holding an insurance policy. This can be done by:
- Making a deposit of $35,000 with the DMV.
- Receiving a self-insurance certificate from the DMV.
- Holding a $35,000 surety bond from a company licensed to do business in California.