In an effort to save money many people will seek the absolute minimums when getting insurance. Just be wary that cheap car insurance is not always the best insurance. Every state in the US requires some kind of auto insurance coverage. The are mandatory by law, but they cab vary widely from state to state. The most popular insurance coverage that is required is liability coverage. The amount of the liability coverage can also vary from state to state. In some states it may be required that you have more of liability coverage protection coverage to be considered legally able to drive. Their can be harsh penalties for failing to have the mandated car insurance coverage. Keep reading below to get and understanding of the insurance requirement that required by each state and what that may mean for you.
Just about every state requires that you have some kind of auto liability insurance with certain amounts in order to be able to drive. It really depended on the state as to how much the coverage is and has to be. The driver will be required to show proof of the policy and insurance at different times throughout the year. Times such when you get are registering the vehicle, obtaining your driving license and in the event that you are stopped by a law enforcement officer.
In order to know what you are going to be paying for the liability coverage, it is important to know that states are going to be expressing the coverage in three certain numbers. For example West Virginia’s liability coverage is 20/40/10. That means the driver would have $20,000 for bodily injury, $40,000 for collision and $10,000 for property damage.
It is very important that you keep in mind that these liability minimum requirements can vary from state to state pretty widely. Some states have significantly higher limits and some have lower limits. It would be in your best interest to call your insurance agent and get the low down on liability coverage in your state.
Not all states require that you have liability insurance coverage. Some of the states require that you just be able to show proof of financial responsibility. You can of course purchase optional coverage that is totally up to you. You may want to look into other coverages such comprehensive, collision, under insured and uninsured. Those can make sure that you are covered for any type of situation that can occur.
Liability coverage is definitely one that you have to understand and know the limits. You should make sure that you are covered for any thing that can happen and come your way when it comes to driving responsibly.