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To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2022 Toyota Camry, commute five days a week and drive ...
Another example, in the state of Oklahoma, drivers must carry at least state minimum liability limits of $25,000/$50,000/$25,000. [6] If an insured driver hits a car full of people and is found by the insurance company to be liable, the insurance company will pay $25,000 of one person's medical bills but will not exceed $50,000 for other people ...
State law requires all Colorado drivers to carry a minimum of: $25,000 in bodily injury liability coverage per person $50,000 in bodily injury liability coverage per accident.
The liability limits vary from state minimum coverage up to 250/500/100. Rates include bodily injury liability per person and per accident, and property damage liability, respectively.
The minimum liability cover is RMB180,000 (US$27,907) for death and injury/per crash, RMB18,000 (US$2,791) for medical expense, and RMB2,000 (US$310) for physical loss. [16] Additional 3rd Party Liability Insurance also known as Commercial Motor Insurance provides extra cover up to RMB10,000,000 (US$1,550,388) excluding the driver and passengers.
Pursuant to the state constitution, the Colorado General Assembly has enacted various laws. The bills and concurrent resolutions passed by a particular General Assembly session, together with those resolutions and memorials designated for printing by the House of Representatives and the Senate, are contained in the Session Laws of Colorado. [1]
$25,000 of property damage liability per accident. Oklahoma auto insurance laws also require insurance companies to offer uninsured/underinsured motorist coverage with minimum limits of $25,000 ...
State Farm Mutual Automobile Insurance Co. v. Campbell, 538 U.S. 408 (2003), was a case in which the United States Supreme Court held that the due process clause usually limits punitive damage awards to less than ten times the size of the compensatory damages awarded and that punitive damage awards of four times the compensatory damage award is "close to the line of constitutional impropriety".