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What is the correct minimum coverage that you must have for Bodily Injury Liability for two or more persons?
Wiki User
∙ 12y ago
The minimum coverages are set by the state legislature of each state and it varies from state to state as well as other required coverages and policy features. The good thing is that when you travel from state to state, if you have minimum coverage it will adapt to the higher of the coverage you have or the minimum for the state you are in and at no cost to you. In Georgia the minimum is 25/50/25 which means $25,000 per person for Bodily Injury with no more than $50,000 per accident for BI and $25,000 property damage. Usually it doesn't cost much to increase your coverages so it definitely pays to carry higher limits. For full disclosure, I own and operate a small Independent Insurance Agency in Gordon, Georgia and have for 22 years. I also worked as an agent for a direct writer for 3 years before that.
Wiki User
∙ 12y ago
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What is the correct minimum coverage that you must have for Bodily Injury Liability for two or more persons in Florida?
20000
What is insurance coverage provides protection for damage to persons or property?
liability
Insurance coverage provides protection for damage to persons or property?
Liability
WHAT insurance coverage provides protection for damage to persons or property?
liability
How much is liability insurance in Ohio?
It basically depends on the driver and the amount of liability coverage you need. You can get the state minimum or a little more depending on each persons situation (assets) I recently compared rates with lowinsurance.org, the cheapest liability coverage I found was just over $38 month. It really all comes down to your level of risk to thier pocket book.
What is liability coverage on auto insurance?
This means that if the accident was your fault, your insurance will pay(up to an amount that is on your policy) for the other property and persons involved in the accident. Liability insurance does NOT cover your vehicle damage.
What is torts liability?
A type of insurance coverage that provides remedies for persons sued for damages when they injure or kill someone else through their own negligence.
Will a homeowners' policy cover an accident off the insured property caused by a noninsured person?
liability coverage is only for persons that meet the definition of an "insured"
Does Texas liability insurance cover if the two cars involved in the accident are register under the same persons name?
Here is the problem with that,"It is not legally possible to be liable to ones self"So no, liability only coverage will not cover damage to your own property, That's what the comprehensive and collision coverage is offered to you for when you purchase your auto insurance. Comp and Collision provides coverage for your own property, Liability provides coverage for property and injury of others.If you bought liability only, there is no coverage for your own property.Answer:It should, and if it doesn't, there should be other parts of the policy that can pay out. Coverages such as uninsured motorists or medical payments.
Is the correct minimum coverage that you must have for bodily injury liability for two or more persons?
The minimum coverages are set by the state legislature of each state and it varies from state to state as well as other required coverages and policy features. The good thing is that when you travel from state to state, if you have minimum coverage it will adapt to the higher of the coverage you have or the minimum for the state you are in and at no cost to you. In Georgia the minimum is 25/50/25 which means $25,000 per person for Bodily Injury with no more than $50,000 per accident for BI and $25,000 property damage. Usually it doesn't cost much to increase your coverages so it definitely pays to carry higher limits. For full disclosure, I own and operate a small Independent Insurance Agency in Gordon, Georgia and have for 22 years. I also worked as an agent for a direct writer for 3 years before that.
What is the minimum amount of auto insurance I can have in the state of California?
California does have minimum requirements for the amount of automobile insurance that you need to carry. You are required by the state to cover Bodily Injury/Death Liability of one person ($15,000), Bodily Injury/Death Liability of two persons ($30,000), and Property Damage of $5,000.
How old does your car need to be to qualify for liability insurance?
How old the car is has nothing to do with it. The only time a car is REQUIRED to have FULL COVERAGE is when a car is being financed. In other words, a bank gives you a loan. Why? Because liability only fixes the other persons car, and if you get in a wreck, the bank will never get their money back from the car. I have owned ~5 cars in my life, financed one, and had full coverage insurance on it. Every other car has been liability only. So again, the age of a car has nothing to do with qualifying for liability insurance. If its being paid for with a bank loan, you need full coverage, if the car is paid off, you can get liability.
