With car accidents comes the need to file an insurance claim. In California, you have up to three years to file for property damage [[1](https://mileylegal.com/car-accident-insurance-claim-time-limit/)] and up to 15 days to acknowledge and investigate a claim [[2](https://www.insurance.ca.gov/01-consumers/105-type/95-guides/01-auto/hadaccident.cfm)]. Filing sooner is recommended, however, as the longer you wait the higher the chance of missing out of financial recovery [[3](https://www.thebarnesfirm.com/how-long-do-i-have-to-file-a-car-accident-claim-in-california/)].
Insurance coverage limits are the maximum amount an insurance company will pay out for a claim. But what does that really mean? [[2](https://www.carinsurancecomparison.com/how-do-the-different-car-insurance-coverage-limits-work/) Understand the different types of coverage limits and how they might affect you in the event of an accident.