Most insurance professionals and financial experts agree that most drivers need to insure vehicles for
more than the state minimum coverage limits.
Drivers should consider purchasing more
than the state minimum for bodily injury insurance as it may cost the driver more money down the road in legal fees / court costs.
State law requires drivers to purchase uninsured and underinsured motorist coverage in addition to liability protection, and it's a good idea to purchase more
than the state minimum if you can.
Hawkins said the Green Party will be working with allies during the remainder of the legislative session to win policy reforms that were proposed as part of the budget but dropped, including raising the state minimum wage and allowing local governments to set higher
than state minimum wages, the Dream Act, criminal justice reforms, and public campaign financing.
If you choose to buy liability coverage that is higher
than the state minimum of 25/50/25 — a good idea, we think — you no longer have the option of declining uninsured and underinsured motorist bodily injury coverage.
Of course many drivers in Kentucky elect to carry more
than the state minimum car insurance level of coverage and our attorneys highly recommend that you do the same.
Unlike the SR - 22, which only requires that drivers meet the minimum amount of required car insurance, the FR - 44 requires that liability coverage limits are substantially
greater than state minimums.
Purchasing more
than the state minimum requirements demonstrates your responsibility as a customer and as a driver, and the insurance company therefore is less likely to have trouble collecting payments from you.
A Wage Board could also be used to institute a minimum wage in New York City that is higher
than the state minimum, because the law allows a board to raise inadequate pay by locality as well as by occupation.
Some lessors also require that your insurance policy include higher limits for liability insurance
than the state minimums.
The mean rates found for our sample driver were $ 1,341 a year for basic coverage, where limits were slightly higher
than the state minimum.
However, an FR 44 may require your liability coverage limits to be significantly higher
than the state minimum.
Ohio is a Tort state, which means that insurers urge buyers to carry more
than the state minimum.
It is suggested that all drivers to consider having more Apple Valley car insurance coverage
than the state minimums and that they make the policy all their own.
Another point to remember is that insureds can have higher limits
than the state minimum.
A driver could have a higher policy limit
than the state minimum and still be underinsured in certain circumstances, depending on the severity of the accident.
I explained how I came to the number I did, which was 25 % higher
than my stated minimum and 40 % higher than the starting salary.