Search results
Results from the WOW.Com Content Network
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.
When insuring a leased vehicle, your leasing company will typically require you to carry a minimum of $100,000 per person and $300,000 per accident in bodily injury coverage and $50,000 in ...
Example of how minimum coverage limits are written. If you see 30/60/15 on your policy, you have the following: $30,000 in bodily injury liability per person. $60,000 in bodily injury liability ...
Bodily injury liability coverage is also usually split into a maximum payment per person and a maximum payment per accident. The limits are often expressed separated by slashes in the following form: "bodily injury per person"/"bodily injury per accident"/"property damage". For example, California requires this minimum coverage: [5] $15,000 for ...
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] Insurance companies usually ...
The insurance company will ordinarily pay the judgment, up to the policy limits, once a court determines that an uninsured motorist was at fault. Some states' laws also allow additional insurance coverage to the insured policyholder through policy stacking provisions, whereby a claim may be made against multiple uninsured motorist policies.
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 ...
Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...