For anyone who has been involved in an accident, it's important to consider one's assets because if an insurance policy doesn't cover all of the medical bills that a person has to pay and another driver is at fault, that person could sue that other driver for the cost of the medical bills which might mean a person would have to liquidate their assets. Generally speaking a person can still get cheap car insurance in California even if they are interested in a higher coverage level that will protect their assets in case of a crash where they are at fault.