Yes collision insurance is in fact required by law. This will protect the other person if you are At Fault for an accident.
You are required by law to have liabilty coverage, but not collision coverage. If you did not have collision coverage then you are not due any compensation by your insurance company. If you did have collision insurance and the insurance company will not pay, then you may be able to sue the insurance company, but you cannot sue the state.
There are a few insurance plans that are required by law for car rental places. These include: collision damage waiver, liability insurance, personal accident insurance, personal effects coverage.
You are required by law to get at least the state minimum coverage but you may opt to get higher limits for your car insurance. Most major car insurance policies and options such as collision, theft, comprehensive, personal liability etc. are available.
No, classic car insurance is not required, but car insurance is. Classic car insurance is just a cheaper way of being insured.
A bank will want full coverage. It is a state law to carry comprehensive insurance ( collision ) on any vehicle with a lien.
When you have no insurance on your vehicle, you void your registration - insurance is required by law. Yes, they can impound a car from out-of-state in that instance.
Your car. To be more specific, it depends on the type of insurance. Liability is the most important and required by law, since that covers what you may do to others or their property. Collision covers what is done to your car. Comprehensive covers whatever is left over, and may cover things like malicious damage or items stolen from the car.
Yes, in fact all states require auto insurance.
PIP is Personal Insurance Protection and is required in the state of Florida to people who register a car in Florida. This falls under the No Fault law in Florida.
The actual price for the car insurance will be based on what you will get added to the insurance. The basic insurance plan is recommended by law, I would recommend getting that insurance plan if you are going to be on a budget during your move to New Jersey.
The law requiring mandatory car insurance states that individuals and businesses are required by law to possess valid auto mobile insurance designed to cover the risk of financial liability in the event of an accident.
Auto liabilty insurance is required by law whenever we operate a motor vehicle on public roads