20000
There is no minimum. They can buy whatever insurance limits they want, or they can buy none at all.
The state of Florida requires a bare minimum coverage which is $10,000 personal injury protection (PIP). Also the State of Florida requires that Florida Car Owners have coverage for $10,000 property damage liability (PDL).
That would depend on the state where you live minimum liability coverage.
The minimum amount of liability insurance coverage required (in California) is: 15/30/5. 15/30/5
In Florida, the required minimum insurance coverage for drivers includes $10,000 in Personal Injury Protection (PIP) and $10,000 in Property Damage Liability (PDL). PIP covers medical expenses and lost wages for the driver and passengers, while PDL covers damages to other people's property in the event of an accident. Florida does not mandate bodily injury liability coverage, but it is highly recommended for better protection.
The correct minimum coverage for Property Damage Liability varies by state or country, as each jurisdiction sets its own legal requirements. In the United States, for example, minimum coverage often ranges from $10,000 to $25,000, but it's essential to check your local laws for specific requirements. Additionally, while meeting the minimum is legally sufficient, higher coverage limits are often recommended to adequately protect against potential damages. Always consult your insurance provider for guidance tailored to your situation.
Liability as the absolute minimum.
Liability insurance is the minimum coverage you can get and is required in every state.
Liability insurance covers damages to the property or body of others, it does not provide any coverage for yourself of your property. Each state has a minimum coverage which depicts the cost of "cheap" liability auto coverage.
Louisiana state law requires minimum Bodily Injury Liability limits of $15,000 per injured person up to a total of $30,000 per accident, and Property Damage Liability coverage with a minimum limit of $25,000. This basic coverage is often referred to as 15/30/25 coverage.
I have to provide my apartment management with 100,000 liability insurance coverage. With Safeco it costs $18 per year. Liability coverage requires minimum personal property coverage of $10,000 (costs $57 per year) and replacement coverage (+$9). Total per year $84
public liability