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Written by Elizabeth Rivelli Elizabeth Rivelli Insurance Tape Experience • Homeowners Insurance • Auto Insurance Elizabeth Rivelli is an insurance underwriter with years of experience working for insurance brands such as Simple Dollar, Coverage.com and NextAdvisor. Connect with Elizabeth Rivelli on LinkedIn Connect with Elizabeth Rivelli by email
Is Car Insurance Mandatory In Every State
Edited by Lisa McArdle Lisa McArdle Editor, Insurance Tape Experience • Car Insurance • Insurance Policy Comparison 3 years experience Lisa McArdle Insurance Editor joins the team in 2023. He has over 15 years of experience in content writing, editing and management. Industries as diverse as insurance, automotive news, and pop culture. Read more Linkedin Linkedin Lisa McArdle
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Reviewed by Mark Friedlander, director of corporate communications Mark Friedlander, director of corporate communications, is director of corporate communications at the Insurance Information Institute Mark Friedlander III is the director of corporate communications at the Insurance Information Institute, a nonprofit organization dedicated to providing consumers with a better understanding of insurance. . Read more Connect with Mark Friedlander on Twitter Connect with Mark Friedlander on Twitter LinkedIn View LinkedIn About Mark Friedlander
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Almost all US states (except New Hampshire) require drivers to have a minimum amount of car insurance to legally drive on public roads. It generally covers bodily injury and property damage liability, but may include other types of coverage depending on the state. Minimum coverage is usually cheaper than full coverage, which includes both collision and comprehensive insurance, but if you have a lease or loan, your lender may require you to have safer options with full coverage. is
What Is The Minimum Car Insurance Required By State?
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Costs will increase by 2022. Shop around for a better rate before renewing your current policy.
Almost all states have some form of auto insurance. Many states allow drivers to meet the minimum requirements in a number of ways through a bond, deposit, car insurance or auto insurance. There are no auto insurance requirements in New Hampshire, but you must prove that you can be financially responsible for the damage you cause before you can get a policy, and if you want to buy coverage at least There are limitations. There are several states, including Michigan, Minnesota and New Jersey, where liability and personal injury liability are mandatory for drivers.
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Per capita and minimum accident rates vary by location. You can visit your state’s insurance department website or contact your auto insurance provider to find out the minimum auto insurance requirements.
Although insurance companies will not sell you a policy with less than the state’s minimum coverage level, it may be a good idea to check your state’s minimum auto insurance requirements. You can even buy more than the required amount if you want extra financial security. Most insurance experts recommend that you get multiple quotes before choosing the lowest auto insurance policy available in your state to save on auto insurance premiums.
*Florida only requires PDL and PIP, but you must prove you have the financial means to cover the damages before coming out of BI. If you buy, the minimum BI limit is 10/20.
**New Hampshire does not require auto insurance, but these are minimum limits if you purchase a policy to cover financial liability.
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***New Jersey limits are based on “standard policy” minimum requirements for current coverage. These restrictions reflect progress through January 2023. New Jersey’s minimum limits will be 35/70/25 for liability and 35/70 for UM/UIM, in January 2026. PIP will remain at $15,000.
Standard auto insurance is not mandatory in all states. Depending on where you live, there may be other options, such as posting a deposit or bond with your state’s DMV, which serves as proof of financial responsibility. If you should be involved in an accident, this money can be awarded to the other driver to cover their losses depending on the circumstances.
New Hampshire is the most flexible state for car insurance options. Car insurance is not required in New Hampshire unless drivers have the required SR-22. There are some other states that allow you to use a financial statement instead
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