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New minimum car insurance liability limits: 30/60/15 Change effective Jan. 1, 2025 The 2025 minimum coverage increase in California marks the first time coverage requirements have changed in 56 years.
A full coverage car insurance policy generally includes liability insurance and your state’s other minimum coverage requirements (if applicable), plus collision and comprehensive coverage ...
In lieu of auto insurance, individuals can either (1) deposit $10,000 in cash, stocks, or bonds with the State Treasurer [33] who will issue a receipt [34] or (2) obtain a motor vehicle liability bond equal to the state minimum limits.
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 average premium for minimum liability insurance in Texas is $760 per year, while the annual average for full coverage is $2,637, according to our April 2024 analysis of quoted rates from ...
Because New Jersey is a no-fault state, drivers are required to carry personal injury protection (PIP) insurance. The minimum amount of required PIP insurance in New Jersey is $15,000 per person ...
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