Sentences with phrase «higher minimum liability limits»

The new Wisconsin law also includes higher minimum liability limits for state car insurance policies.

The bill originally asked for higher minimum liability limits than the version that was approved by the committee.

Not exact matches

The AMT essentially places a ceiling on those benefits — if your tax benefits reduce your total tax liability below the AMT limit, you are required to pay the higher Alternative Minimum Tax amount.

The procedure for employment must include, but is not limited to, the filing of a complete set of fingerprints as required in s. 1012.32; documentation of a minimum education level of a high school diploma or equivalent; and completion of an initial orientation and training program in district policies and procedures addressing school safety and security procedures, educational liability laws, professional responsibilities, and ethics.

@BrianHall: To be clear, the numbers you give are in line with many state minimums for liability coverage, but most car insurance companies do push higher coverage limits (commonly 250K / 500K / 100K for per person / per incident person cap / per incident property damage), and the incremental cost of the higher coverage is often much less than the cost of the basic coverage (it's not paid out often, and electing it demonstrates responsibility, which they like in their insured).

Aside from the state minimum requirements, motorists should take the time to decide if they could benefit from higher liability limits to protect assets, and whether or not optional coverage would be needed such as comprehensive and collision to pay for a loss sustained by a policyholder's vehicle.

Increasing coverage from the state minimum to higher liability limits costs $ 125 a year or about $ 10 a month.

Boosting coverage from the state minimum to higher liability limits costs $ 101 a year or about $ 9 a month.

The state - mandated coverages may be the same as your state minimum liability requirements, or they may have higher limits.

Given the high cost of automobile replacement and / or repair, the purchase of property damage liability limits higher than the required minimum limit of $ 10,000 should be considered by insureds.

You must buy at least the state minimum, but you are free to purchase higher liability limits if you want.

If you want the minimum coverage required by your state, your quote will be less expensive than it would be if you wanted higher limits of liability with added comprehensive and collision coverage.

The more coverage you have the less likely you are to run into this issue, which is why most agents recommend liability limits at least one step higher than the minimum required to be legal in your state.

There are minimum financial levels of protection required by the state for each of these areas of a liability policy, but motorists are free to carry higher limits, and many do just that to further protect themselves from possible financial liability situations.

Because the liability limits are so high, you may not need any more than the minimum to protect yourself.

You may get a better deal on your Alaska car insurance if your past liability limits were higher than the minimum.

Bear in mind that while the minimum liability coverage amounts might be high enough to protect your finances in a majority of motor vehicle collisions, an accident that results in serious injuries or significant property damage can easily exceed these limits.

You don't want your teen to carry only minimum limits; you want liability limits that are high enough so that an expensive accident won't leave you and your child holding the bag.

Some companies may offer you a better price if you have carried liability limits higher than the minimum required limits.

And, no matter how cheap state minimum coverage is, I am now keenly aware of the importance of carrying higher liability and medical limits on my own auto insurance, including underinsured and insured motorist coverage.

A minimum of $ 25,000 per person and $ 50,000 per accident for bodily injury liability and $ 25,000 per accident for property damage liability, is required by law, but drivers are strongly urged to consider higher limits.

Coverage to Protect Your Assets Despite the required minimum requirements for bodily injury liability, it is probably in your best interest to purchase higher limits.

Uninsured / Underinsured Motorist Bodily Injury (UM / UIMBI): minimum limits of 25/50 per accident, but can never be higher than your bodily injury liability limit.

Although it is usually a good idea to purchase higher liability limits, the minimums required by the state of Maryland are:

These are the minimum liability requirements, but many car owners elect to carry much higher limits to adequately protect their assets.

You can not buy less than your state's minimum required by law, but you can buy higher liability limits.

As you can see below, higher PIP coverage limits can increase the monthly cost of an auto insurance policy with minimum liability limits by 22 %.

Maine and Alaska are tied for having the highest minimum required bodily injury liability limits in the U.S.. However, in Alaska, the rules do not apply statewide.

Maine and Alaska have the highest minimum required auto accident liability limits in the U.S.

Unfortunately, the minimum liability limits on car insurance in the state of Minnesota (and other states) are not usually high enough to cover the cost of an accident.

States set minimums, such as $ 10,000 or $ 25,000, for liability coverage, but you can choose a higher limit by paying extra.

It is important to note that many lenders will require far more extensive coverage for vehicles that are not paid off, and that most experts recommend much higher limits (even for those who want only liability coverage) than the minimums set by the state.

Since these policies are often very affordable, it may save you money in the long run to keep the legal minimum on your liability insurance and carry an umbrella insurance policy as well, instead of having high liability limits on your boat insurance policy.

Maryland House Bill 526 would require twice convicted drunk drivers in the state to carry much higher auto liability limits than the minimums mandated by state law.

Of course, it must be noted that these are only the minimums, and drivers are certainly encouraged to carry higher limits, especially on liability protection.

If you just have a bare minimum amount of liability, and that fact is admitted in open court, you could be looked on as less responsible and more likely to be negligent than someone with higher limits.

Of course, it must be noted that these are only the minimums, and Indiana drivers are certainly encouraged to carry higher limits, especially on liability protection.

Even though these are state mandated minimum coverages, insurance experts recommend that you carry higher liability limits.

You should keep in mind that some covers are mandatory and although the state has set a minimum limit you may need to opt for a higher limit for liabilities like property damage liability and bodily injury liability.