Auto Insurance By State

Auto Insurance by State Every state in the country requires that you have auto insurance. However, not all states have the same laws as far as how much insurance you have to carry for accidents. For instance, in South Carolina, you have to carry $25,000 bodily injury liability per person, $50,000 per accident, and $25,000 property damage liability per accident. Other states have different requirements for these three liability coverages.

Car insurance companies use many different factors when calculating your rates, and your driving record and age are only two of them. Where you live and where the vehicle is registered are major contributing factors too. For instance, you’re probably going to be paying less for car insurance in Boise, ID than you would in Chicago or Houston. One of the reasons for this is crime – the bigger cities have more car theft and vandalism. This causes rates to rise.

Where Can I Find This Information?

The best (and only) way to find out what insurance is going to cost is to contact local car insurance brokers or companies or compare multiple quotes online. Then, you can make an educated decision as to how much you’re going to have to pay for car insurance in your state.

Want to find out more about the individual laws and minimum requirements for insurance by state? Click on the link for your state below for more information.

By the way – just because a state has minimum requirements, that doesn’t mean you should stick with those. $25,000 doesn’t go very far in today’s world, and if you cause a wreck that results in some serious injuries or property damage, you could be held liable for anything in excess of the amount of coverage you have and be sued for that! You definitely want to make sure to have adequate coverage – weigh the cost vs. the risk!