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$30,000 of bodily injury liability coverage per accident. $5,000 of property damage liability coverage. Your policy might list these limits as “15/30/5.” Ultimately, having this much liability ...
In California, minimum coverage car insurance requirements are 30/60/15 effective Jan. 1, 2025. ... The last number refers to property damage liability per accident. Importantly, all three reflect ...
$25,000 in property damage (PD) liability. The last number means that your policy helps pay up to $25,000 for property damage per accident to cover costs to repair or replace other vehicles or ...
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 ...
Key takeaways. Most states require drivers to carry liability coverage, including bodily injury liability and property damage liability. Collision and comprehensive coverage are optional, but if ...
This type of coverage is meant to prevent the possibility that a motorist will have to pay for medical expenses and property damage to his vehicle as a result of the accident with the underinsured at-fault motorist. The ramifications related to being hit by an underinsured motorist vary by individual state laws. [citation needed]