Not exact matches
On the other hand, if you have an
auto policy with bodily injury
liability of $ 100,000
per person, $ 300,000
per accident, and $ 100,000 of property damage along with full
coverage (let's say the actual cash value of your car is $ 20,500), the company's maximum exposure on that policy would be $ 300,000 + $ 100,000 + $ 20,000 (ACV of your car, minus $ 500 deductible), or $ 420,000.
Right now I'm struggling with taking the plunge and pulling out just shy of 13k from savings to pay off the
auto loan (and saving close to $ 125
per month in interest and fees, not to mention being able to drop comprehensive insurance
coverage in favor of
liability + collision).
Each motorist has to carry the minimum
liability coverage as
per Maryland
auto insurance laws.
For example, if you're a Connecticut driver (where minimum
liability coverage is $ 20,000 of bodily injury protection
per person, $ 40,000 of bodily injury protection
per accident and $ 10,000 of property damage
per accident, referred to as 20/40/10) and are involved in an accident in New York (which requires 25/50/10 of
liability coverage), your
auto insurance will automatically extend to meet New York's requirements.
Often, bringing your
auto insurance
liability coverage limits in line with what you need will only cost you a hundred or so dollars
per year — well worth it if the unthinkable happens and you have assets to lose.
The minimum
liability coverage as
per Nebraska
auto insurance laws are $ 25,000 for bodily injury
per person, $ 50,000 for bodily injuries, and $ 25,000 for damage to property.
All drivers must carry at least the minimum Idaho amounts of
liability auto insurance
coverage of $ 25,000
per person / $ 50,000
per accident for Bodily Injury and $ 15,000 for Property Damage.
The state of Rhode Island requires all of its motorists to carry
liability auto insurance in the minimum
coverage amounts of 25/50/25
per accident.
Most
auto insurance rates include a $ 300,000
per person for
liability coverage; however the medical care can often times far exceed this amount and you should increase your
coverage to $ 500,000.
The state of Mississippi requires all registered vehicles to have
liability coverage,
per the Mississippi
Auto Insurance Code.
The New Jersey
Auto Insurance minimum
liability coverage for a basic policy is $ 15,000 for bodily injury
per person, $ 10,000 for all bodily injuries, and $ 5,000 for damage to property.
For instance, you may have to have an
auto liability policy paying $ 100,000
per person or $ 300,000
per occurrence, before your umbrella
coverage would come into play.
Insurance companies require specific levels of
liability coverage on your
auto and home insurance policies before they will approve an umbrella policy — typically $ 300,000
per occurrence for personal
liability, bodily injury and property damage
liability on your homeowners insurance policy; $ 250,000
per person for bodily injury; and $ 500,000
per accident on your car insurance policy.
Indiana state law mandates
auto insurance
coverage in the amount of $ 25,000
per person and $ 50,000
per accident for bodily injury
liability, plus $ 10,000 in property damage insurance.
The minimum
auto liability insurance
coverage required by Tennessee state law is $ 25,000 for each person injured, and $ 50,000
per accident for bodily injury
liability, plus $ 15,000 insurance
coverage against property damage.
Insurance policies include Texas's minimum
auto insurance
liability requirements: $ 30,000 for bodily injury
liability per person (up to $ 60,000
per accident), and $ 25,000 of property damage (30/60/25
coverage)
liability insurance, 50 / 100/50, as well as 100 / 300/100.
Maryland
auto insurance state law demands more than many states; every driver must purchase bodily injury
liability coverage of $ 20,000
per injured person and $ 40,000
per accident; property damage
liability coverage of $ 15,000; bodily injury
liability coverage for uninsured / underinsured motorists of $ 20,000 / $ 40,000; and uninsured motorist property damage
coverage of $ 15,000.
Those three companies would be State
Auto, Southern Farm Bureau and State Farm, whose policies cost a mean of $ 1,356
per year for basic
liability coverage.
Kokomo insurance companies will inform you that state law requires drivers to purchase basic
coverage auto insurance with minimum bodily injury
liability in the amount of $ 25,000
per injured person up to $ 50,000
per accident.
Whether you're driving up to Boundary Peak or toward Death Valley, one requirement remains constant in your Nevada
auto insurance quotes: every driver must purchase
liability insurance for $ 15,000 bodily injury
coverage for one person in one accident, $ 30,000 bodily injury
coverage total
per accident, and $ 10,000 property damage
coverage per accident.
When dealing with the bare minimums for
liability coverage, all New Hampshire
auto insurance quotes are based on a 25/50/25 model; this means that when an accident occurs and you are at fault, your insurance company will pay the other party up to $ 25,000
per person for bodily injury, up to $ 50,000 for the bodily injuries of 2 or more people, and up to $ 25,000 for property damage.
The minimum
coverage for Massachusetts
auto insurance is 20 / 40/5 in which you're required to have $ 20,000 of
coverage for bodily injury
liability per person and $ 40,000
per accident.
Erie
Auto Insurance By law, Pennsylvania drivers are required to have
liability coverage that includes bodily injury
liability of at least $ 15,000
per person and up to $ 30,000
per accident, property damage of $ 5,000, and personal injury protection of $ 5,000.
For instance, pay your premium upfront once a year to save 5 %, insure several vehicles with one policy for savings of 25 % to 50 %, install an
auto alarm to get savings of 5 % to 10 %, and boost your
liability coverage (
per advice from your agent) to get a better
coverage discount of 5 %.
On the other hand, if you have an
auto policy with bodily injury
liability of $ 100,000
per person, $ 300,000
per accident, and $ 100,000 of property damage along with full
coverage (let's say the actual cash value of your car is $ 20,500), the company's maximum exposure on that policy would be $ 300,000 + $ 100,000 + $ 20,000 (ACV of your car, minus $ 500 deductible), or $ 420,000.
Even though the state of Oklahoma requires somewhat high mandatory
liability coverage for
auto, including $ 50,000 of total
per accident bodily injury
coverage and another $ 25,000 for property damage, rates for drivers in Moore and other parts of the state are still often lower than national averages.
Minimum
auto insurance
liability coverage depends on your state's laws, but is typically $ 25,000
per person and $ 50,000
per accident.
Georgia's state minimum
auto liability coverage is $ 25,000
per injured person, up to $ 50,000 total and $ 25,000 in property damage
coverage.
Alabama
auto insurance laws require each car owner to have a minimum
liability coverage of $ 25,000 for bodily injury
per person, $ 50,000 for multiple bodily injuries and $ 25,000 for public or private property damage.
The minimum
auto liability coverage amount required by the state of Texas and Arkansas is $ 30,000 for each injured person, up to a total of $ 60,000
per accident, and $ 25,000 for property damage.