The Ins and Outs of Liability Minimums
By: Good2GoPublished: February 24, 2015
Liability auto insurance is the most basic coverage available and one of the only coverages mandatory in all 50 U.S. states. Even though it has become standard across the country, the minimum coverage limits still vary greatly state to state.
Before we dive into state coverage minimums, let’s take a look at what the liability coverage even entails.
Liability is an insurance coverage that covers you in the unfortunate event of a car accident that is then deemed your fault. Within this coverage type there are two essential categories, bodily injury and property damage.
Types of Liability Coverage
Bodily injury liability, sometimes referred to as BI, covers the liabilities associated with injuring another party in an accident. The injured party is able to submit a claim if you, the insured driver, have been found responsible for the accident. What types of things does this cover? The following are some of the potential claims bodily injury will cover:
- Legal fees
- Medical bills
- Loss of income or wages
- Pain and suffering caused by the event
Keep in mind that the individual does not have to be in another vehicle in order to make a claim against you. Pedestrians and bicyclists can also file insurance claims if they experience bodily harm.
Within your state’s insurance requirements there will be two minimums regarding bodily injury. The first minimum is bodily injury per person, and the second is bodily injury per accident. For instance, your state may have a minimum of $15,000 per person and a minimum of $30,000 per accident.
Property damage covers the liabilities associated with damaging someone else’s property, typically their vehicle, but in reality it could be any property. For instance, if you crashed into the local pizza joint, property damage coverage would cover those damages to the business’ storefront.
Property damage and bodily injury are the two building blocks to liability insurance coverage.
Each state has different minimum requirements when it comes to liability auto insurance. Below is a list of state minimums based on information readily available through your state insurance commissioner’s website. Keep in mind that these numbers might have changed since being published. You will find three numbers listed. The first number is bodily injury per person; the second is bodily injury per accident; the final is total property damage per accident.
$15,000 (bodily injury per person) / $30,000 (bodily injury per accident) / $15,000 (property damage) or 15/30/15
(Figures are in thousands)
New Hampshire 25/50/25
New Jersey 15/30/5
New Mexico 25/50/10
New York 25/50/10
North Carolina 30/60/25
North Dakota 25/50/25
Rhode Island 25/50/25
South Carolina 25/50/25
South Dakota 25/50/25
West Virginia 20/40/10
Regardless of what your state’s minimum requirements are it’s important to get the right coverage for you.
Good2Go wants you to drive safe – and affordably. Find out how you can protect yourself and save with Good2Go.com auto insurance. Get a car insurance quote today.