While most states require only a specific monetary minimum of
liability insurance for vehicles as a whole, if you have a financed vehicle, your requirements will be slightly different.
The first step toward getting
good insurance for your vehicle while simultaneously managing to stay close to home is to determine which type of insurance you'll need for your vehicle.
As has been mentioned above for private vehicles, third - party covers for the commercial vehicle do not provide
insurance for vehicle owner or owner's commercial vehicle.
Most rental car agencies
offer insurance for the vehicle you're renting, but be sure that you are not already covered by your auto insurance policy or another agency.
Your lease agreement probably asks you to
carry insurance for the vehicle and included in the agreement is likely a requirement to contact the dealership or leasing agency to inform them of the accident.
If you didn't have car insurance, RV insurance or
motorcycle insurance for your vehicle, you could be personally responsible for significant expenses that put everything you work for at risk.
Under the Random Selection Program, vehicles are randomly selected from the BMV database and the owner is sent notice to show proof of
insurance for the vehicle by a certain date.
Drivers who receive citations for failing to provide proof of insurance to a police officer may have the citation dismissed for $ 10 if they can prove they had
valid insurance for the vehicle listed on the citation at the time the citation was issued.