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2. Vehicle insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Vehicle_insurance_in_the...

   Yes, however financial responsibility should then be established through a surety bond or a deposit of $55,000 with the comptroller or the county judge. [40] Utah: 25/65/15: Vermont: 25/50/10: Virginia: 30/60/20: Since July 1, 2024, drivers are now required to have insurance. Initially, they had the option of paying $500 every year for driving ...

3. Westfield Insurance - Wikipedia

   en.wikipedia.org/wiki/Westfield_Insurance

   Westfield Insurance, the primary subsidiary of Westfield Group, [3] is a multi-line provider of business property and liability insurance, personal lines insurance (including auto, homeowner's and specialty), agribusiness insurance, and surety bonds.

4. Surety - Wikipedia

   en.wikipedia.org/wiki/Surety

   A surety bond is defined as a contract among at least three parties: [1] the obligee: the party who is the recipient of an obligation; the principal: the primary party who will perform the contractual obligation; the surety: who assures the obligee that the principal can perform the task; European surety bonds can be issued by banks and surety ...

5. Performance bond - Wikipedia

   en.wikipedia.org/wiki/Performance_bond

   A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. The term is also used to denote a collateral deposit of good faith money , intended to secure a futures contract , commonly known as margin .

6. Casualty insurance - Wikipedia

   en.wikipedia.org/wiki/Casualty_insurance

   It may include marine insurance for shipwrecks or losses at sea, fidelity and surety insurance, earthquake insurance, political risk insurance, terrorism insurance, fidelity and surety bonds. One of the most common kinds of casualty insurance today is automobile insurance. In its most basic form, automobile insurance provides liability coverage ...

7. Michigan car insurance laws - AOL

   www.aol.com/finance/michigan-car-insurance-laws...

   Michigan auto insurance laws are some of the strictest in the country. In 2020, the state introduced new laws to address high insurance costs. ... Auto-Owners, and Travelers Insurance. The best ...