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According to the Texas Department of Insurance, the minimum liability required is stated as 30/60/25 coverage, which indicates: Bodily injury liability: $30,000 per person and $60,000 per accident ...
Minimum self-insurance requirements. California. $35,000 cash deposit or surety bond. Connecticut. $50,000 cash or its equivalent for first vehicle, $60,000 for the second vehicle, $65,000 for the ...
The average cost of car insurance in Texas is $2,613 per year for a full coverage policy and $691 per year for a minimum coverage policy. However, after a lapse in coverage, Texas drivers can ...
In lieu of auto insurance, individuals can either (1) deposit $10,000 in cash, stocks, or bonds with the State Treasurer [34] who will issue a receipt [35] or (2) obtain a motor vehicle liability bond equal to the state minimum limits. [36] Michigan: 20/40/10: Minnesota: 30/60/10: Mississippi: 25/50/25 [37] Missouri: 25/50/10: Montana: 25/50/10 ...
The minimum coverage defined by German law for car liability insurance / third-party personal insurance is €7,500,000 for bodily injury (damage to people), €500,000 for property damage and €50,000 for financial/fortune loss which is in no direct or indirect coherence with bodily injury or property damage. [24]
How to find the best car insurance coverage. The types of auto coverage you choose to carry depend on your individual needs. To comply with the law, you must carry the minimum limits required by ...
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