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All drivers in Ohio must meet the state’s minimum insurance requirement, which is 25/50/25. Driving with less coverage than the state minimum amount is illegal and can result in license suspension.
For reference, the average annual cost of car insurance for minimum coverage is $644 nationwide and $389 in Ohio. Full coverage averages $2,314 nationwide and $1,529 in Ohio. Full coverage ...
*Florida only requires PDL and PIP. Minimum BI limits are 10/20 if you do purchase coverage. Drivers who have caused an accident involving bodily injury or death or received certain citations may ...
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.
Safe Auto Insurance Company is an American property and casualty auto insurance carrier. It is a privately held carrier and provider of state-minimum private-passenger auto insurance for drivers in the nonstandard insurance market in 20 states across the US, including Oregon, Ohio, Indiana, Kentucky, Georgia, Pennsylvania, South Carolina, Tennessee, Louisiana, Mississippi, Illinois, Missouri ...
It was created under the authority of section 121.02 of the Ohio Revised Code (ORC) and is administered by the Director of Insurance. Insurance companies operating in the state of Ohio are subject to regulation under Title 39; and depending upon the entity of the organization, Chapters 1751 and 1753 of the ORC. ODI is charge with seeing that ...
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