Do All States Require Auto Insurance

However not all 50 states require coverage and many states offer alternatives to insurance company coverage.

Do all states require auto insurance. If you own a car in the united states you will need to get car insurance that meets the legal requirements for minimum car insurance based on your state law. Car insurance is required in almost all states. Every state requires that you meet financial responsibility requirements through insurance a bond or some other approved means that show you are able to pay if you cause damages to another person or property in an automobile accident. Each state is different which is why it is important to check for your own state requirements and contact your insurance representative if you have questions.

Known as a mandatory minimum drivers must purchase and maintain a certain level of car insurance from an insurance company in case of an accident or injury to another person or property. Each state has a different minimum amount of car insurance that drivers must obtain in order to legally drive on public roads. There are a number of reasons why you might not need to use your car for a time and why you might consider dropping your car insurance coverage while your car s not in use. The florida department of highway safety and motor vehicles requires all drivers in florida to have auto insurance.

For instance if you have a son that is 16 but not yet licensed and so he doesn t drive they may require that you list him on the policy but will not rate him until he is licensed. Here s a breakdown of the minimum coverage you need to stay on the right side of florida law. Require property damage liability pd. That said there is no one country wide rule when it comes to how much car insurance you have to have.

Full coverage auto insurance rates average 79 58 mo. In the u s and a full coverage policy is required for all new and used vehicles that are financed. Lenders require full coverage insurance to finance a car for the duration of the loan. With the exception of florida every state requires bodily injury liability insurance bi while all 50 plus washington d c.

If you fail to maintain coverage you could be in violation of the law there are a handful of states that don t require you to purchase car insurance but. No all states do not require car insurance but all require financial responsibility to operate a vehicle on the roadway. Roughly half of the states require a type of uninsured underinsured motorist insurance uim. Read on for more.

Car insurance is a major cost of car ownership but it is considered so important that most states require coverage by law. Maybe you re putting your car in storage while you take an extended vacation or spend the winter in a warmer climate. All household members should be known to the car insurance company but do not necessarily have to be listed as covered drivers depending upon the situation.