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Pennsylvania car insurance laws. Pennsylvania state law requires all drivers to have auto insurance. In order to meet the minimum requirement for insurance within the state, you must have 15/30/5 ...
Bankrate takes a close look at minimum requirements for car insurance in each state. ... Pennsylvania. $50,000 in secured collateral for the first vehicle, plus $10,000 each for additional vehicles.
The 2024 average cost of car insurance in Pennsylvania is $521 annually for minimum coverage and $2,790 per year for full coverage car insurance. Like any other coverage you select for an auto ...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
Full tort and limited tort automobile insurance options were instituted by the state of Pennsylvania in an attempt to decrease the number of pain and suffering lawsuits in Pennsylvania courts. Concerned about the high rates of automobile insurance, Pennsylvania enacted mandatory personal injury protection (PIP) insurance coverage in the attempt ...
The Pennsylvania Insurance Department is a cabinet-level agency in Pennsylvania, United States. It was founded in 1873 and has several main functions, including: [2] To audit insurance companies' finances; Issue licenses to insurance industry individuals and companies; Regulate insurance policies and rates
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