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This depends on the state you live in. In some states it is 15/30/5. In other states it is more. You should check the DMV's website for the state you live in or check with a local insurance agent.
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What is the minimum amount of liability insurance coverage required?
The minimum amount of liability insurance coverage required (in California) is: 15/30/5. 15/30/5
What is the difference between minimum and full coverage with auto insurance?
Minimum coverage is the minimum amount of insurance required by law. Full coverage is the full package from the insurer, insuring everything they offer to cover.
What is the minimum amount of insurance coverage needed on a motorcycle?
For most states the minimum amount of insurance coverage that you need to carry on a motorcylce is around $5,000. This can vary from state to state though so be sure to contact your insurance agent.
What is franchise in insurance?
A minimum amount of loss that must be incurred before insurance coverage applies
What are the minimum coverage amounts for general auto insurance?
The minimum coverage amount is $10,000. It depends on where you live and what company you use. I suggest you get good coverage though because you never know.
California law the minimum amount of insurance coverage drivers must carry is?
15/30/5.
How much car insurance do you need to drive in MN?
Minnesota is a state that requires a minimum of liability insurance. The minimum amount of coverage allowed to drive in Minnesota is 30/60/10.
Car Insurance Coverage by Category?
When comparing insurance before deciding which policy to purchase, drivers should consider the coverage amount in relation to the price. Car insurance has separate coverage limits for bodily injury liability and property damage that directly affect policy price. These coverage limits could be adjusted independently of each other in order for drivers to discover levels of coverage they are comfortable with at prices they can afford. Car insurance providers usually set the minimum amount of coverage available for each category at or above the minimum amount required for drivers to be in compliance with state laws.
Financial responsibility of California law the minimum amount of insurance coverage drivers must carry is?
$15,000, $30,000, $5,000
What term refers to the amount you or your employer pays in exchange for insurance coverage?
The premium is the dollar amount paid in exchange for insurance coverage.
What is the minimum amount of auto insurance required by law on a financed vehicle in Ohio?
All states have regulated the minimum required Liability Limits of Auto Insurance within that state. Your lienholders Finance Contract that you signed will determine the amount of your property insurance coverage required to protect their interest in your financed vehicle.
Minimum auto insurance on an auto loan?
full coverage
