The minimum amount your auto insurance must cover per accident is?

Answer 1

There are almost as many different limit requirements as there are states that require insurance. Without knowing what state you are located in I cannot tell you what the minimum insurance requirements are in your state. You also must remember that the minimum limits allowed by law are not the limits that are needed by most drivers. Minimum limits are for minimum class of your clients. A family that owns a $250,000 house, 3-4 cars, a little money in the bank need much more than the minimum limits of liability coverage. What happens if a son has an accident and a couple of people get hurt and a couple of cars get totaled. Minimum limits will have you in a courtroom answering to a lawsuit quickly. Your house may become their house so be carefull.