Each state sets minimum coverage
limits for bodily injury liability and property damage liability that drivers must purchase, but you may decide to buy additional coverage.
Business auto insurance
provides for bodily injury liability and property damage, as well as for injuries / damage the policyholder causes to someone else when operating a company automobile.
If you are making comparisons between a low premium
rate for bodily injury liability and comprehensive insurance, you should know that the two are not the same.
The minimum limits mandated are the same as the minimums
for bodily injury liability in the state, but drivers can carry up to double the minimum if they desire.
In the state, the basic requirements are $ 15,000 per injured person up to a total of $ 30,000 per
accident for bodily injury liability and $ 10,000 for property damage liability coverage.
These Florida auto insurance laws are actually pretty lenient standards compared to most of the country; drivers are definitely advised to investigate numerous Jacksonville insurance quotes to see how much it will cost to get enhanced coverage,
particularly for bodily injury liability.
However, the amount of money that your policy
allots for bodily injury liability insurance will be used to cover the medical expenses of any party who may be involved in a collision in which you are at fault.
Whether you select the state minimums or increase your coverage, make sure the limits you
set for bodily injury liability coverage and property damage liability coverage are the same for every quote you compare.
We recommend limits of $ 100,000 per person and $ 300,000 per
incident for bodily injury liability and $ 100,000 per incident for property damage liability coverage (written as 100 / 300/100 in a policy).
When breaking the increase down further, it becomes clear that the overall percentage hike is the direct result of an
increase for bodily injury liability coverage, as well as an increase for property damage liability coverage.
If you are a homeowner or have assets to protect, the minimum limits we recommend you
carry for bodily injury liability is $ 250,000 per person, $ 500,00 per accident and $ 100,000 of property damage liability.
Colorado actually requires insurance companies to offer you this coverage in amounts equal to what you
select for bodily injury liability, so it's worth asking your insurer about your options for adding it — it might not raise your premium by as much as you think.
This would be something like a first party insurance policy with a substantial coverage of around 200000
$ for Bodily injury liability and around a 100000 for property damage liability.
The minimum requirements for Virginia car insurance are $ 25,000 per person and $ 50,000 per
accident for bodily injury liability coverage, $ 20,000 for property damage, and the same amounts again for uninsured and underinsured motorist insurance (UMI).
The 25/50/15 stands for a $ 25,000
limit for bodily injury liability per injured person, up to a total of $ 50,000 per accident, and a $ 15,000 limit for property damage liability.
These Florida auto insurance laws are actually pretty lenient standards compared to most of the country; drivers are definitely advised to investigate numerous Jacksonville insurance quotes to see how much it will cost to get enhanced coverage,
particularly for bodily injury liability.
It
provides for bodily injury liability and property damage while operating a company automobile, and medical payments or Personal Injury Protection (PIP) for the driver and passengers of the policyholder's car.
Missouri renters insurance can cover
you for that bodily injury liability as well.
In Texas there is the 30/60/25 Law where drivers need to hold that amount of auto insurance
for bodily injury liability and property damage liability coverage.
In Texas there is the 30/60/25 Law which requires all drivers to carry that amount of auto insurance
for bodily injury liability and property damage liability coverage.
If you purchased minimum coverage
for bodily injury liability and property injury liability, you may need to buy supplemental liability coverage as your existing insurance may be too low.
Moreover, the Hoosier state requires drivers to carry a minimum of $ 25,000 (per person) and $ 50,000 (per accident)
for bodily injury liability and $ 10,000 for property damage liability.
Currently the state law requires a driver to carry 15/30/10 ($ 15,000 per person / $ 30,000 per accident
for bodily injury liability and $ 10,000 for property damage).
Effective July 1, 2018, the minimum insurance limits will increase to 25/50/20 ($ 25,000 per person / $ 50,000 per accident
for bodily injury liability and $ 20,000 for property damage liability).