At a minimum, property damage and bodily damage liability coverage are required by most states.
Contrast this with optional collision and comprehensive coverage, personal injury protection, and uninsured motorist coverage, which more and more states permit motorists to skip.
You may still be required to self-insure or provide evidence to the state that you would be able to pay for damages in the event of an accident in states that do not require minimum coverage.
If you don’t have third-party auto insurance, even if it’s legal in your state, you could end up paying a lot of money if you get into a serious accident.
Coverage for uninsured motorists: If a driver with insufficient or no car insurance causes an accident, this coverage will pay for their expenses.
Obviously, you are the third party if you were hurt in an accident caused by another person, and their liability insurance will pay for your claims (at least in traditional tort states).Do I require insurance from a third party?
At a minimum, property damage and bodily damage liability coverage are required by most states.
Contrast this with optional collision and comprehensive coverage, personal injury protection, and uninsured motorist coverage, which more and more states permit motorists to skip.
You may still be required to self-insure or provide evidence to the state that you would be able to pay for damages in the event of an accident in states that do not require minimum coverage.
If you don’t have third-party auto insurance, even if it’s legal in your state, you could end up paying a lot of money if you get into a serious accident.
Coverage for uninsured motorists: If a driver with insufficient or no car insurance causes an accident, this coverage will pay for their expenses.
Obviously, you are the third party if you were hurt in an accident caused by another person, and their liability insurance will pay for your claims (at least in traditional tort states).
