The amount of necessary auto insurance to cover you depends on how much assets you have. If you are a homeowner with substantial savings, but have minimal coverage such as 15/30/5 you could be at risk and lose everything in an accident. You open yourself to a lawsuit. Most insurance professionals recommend 100/300/100 and then maybe an umbrella policy on top of that. If a person is at the lower end of the economic scale and is driving an older car, and operating on a tight budget, he could raise his deductible and get higher coverage and still be affordable. It's a tightrope between getting the coverage that you feel safe with and your budget. Good luck! David Albers
The limits vary by state. Where are you?
Yes, auto gap insurance is necessary in Anchorage, AK
No, Auto Insurance is required to Operate a motor vehicle on public roads, If the College student does not drive, then it is not necessary to have auto insurance nor is it necessary for them to have a drivers license.
In New York state it is necessary to have gap auto insurance. It is the seller's legal responsibility to include gap auto insurance in the cost of leasing the vehicle.
A commercial vehicle insurance is necessary to insure the parties involve in any auto accidents
Since Sr22 Insurance is actually just Auto Insurance. The answer is that it costs the same as an Auto Insurance policy would.
All auto insurance are pretty much the same. I would think that depending on type of insurance you are getting, they are pretty much the same,
How much increase auto insurance after claim
Call around your local auto insurance companies or do a search online...
In the year 1981, I paid $150 dollars a year for auto liability insurance.
Not necessary- you only add/exclude drivers