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- What is NJ PAIP- PAIP NJ?
NJ
Car insurance for drivers with 7+ points or more
(Assigned Risk Plan), . The points may be
all moving violations or a combination of NJ Insurance
Points and NJ MVC Points, they are added together
for your total NJPAIP eligibility points. To find
out how many points you have visit the NJMotor Vehicle
Commission- or go here NJ DMV - NJ MVC Drivers Abstract or phone ( 888-486-3339).
Then return back here and click on
Car insurance quotes help, click here for assistance. and you will be able to accurately get a NJ PAIP
Quote. If you know how many points you have go ahead
and complete the quote request now.
- The contents of your Automobile
Insurance Policy
- An Automobile Insurance policy
is a binding legal contract.
Your personal auto policy will have five distinct
parts:
• declarations
• insuring agreement
• definitions
• conditions
• exclusions
In most personal
automobile insurance policy documents, some of these
parts will be combined. But they'll all be there.
Here's what each section means to you, the insured/s:
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Declarations
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This section
will most likely be the first thing in your
auto insurance policy, and it's almost always
its own section, it will have been prepared
especially for you and all that are insured
on the policy.
The declarations lists all relevant information
about your personal automobile policy. This
includes:
• the year, make, and model of your automobile/s
• its VIN (vehicle identification number)
• the name of the insured (you an all others as named insured's)
• the dates the policy is effective
• the policy's coverage types and limits
• the policy's cost (your premium)
Sometimes other information is included (like
whether you use the vehicle for business or
for pleasure). And if your car is financed,
the lender who holds the lien on the vehicle
will be listed here as the "loss payee". (If
the car is "totaled", they'll need to be reimbursed.)
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Insuring Agreement
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This section
is the legal piece of the personal automobile
insurance policy. It outlines exactly what the
insurance company will pay in return
for the payment of your premium.
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The type and
extent of each coverage you've purchased will
be described in detail here. This section will
also outline exactly who is covered under each
provision. It's a long and complicated section,
but it's probably the most important part of
your automobile insurance policy.
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Want to guess
what this section's all about? . All
insurance lingo will be clarified here.
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Sometimes this
section is simply written into the insuring
agreement. But in either case, you can be sure
that every relevant term will be narrowly defined,
so as to cut down on the possibility of a misunderstanding
between the you, other insured's and the
insurance company.
This is an important
section, because it lets you know what, when
and who will not be covered by your policy.
The insurance policy exclusions section is really
just a list of all possible circumstances that would
free the insurer from the responsibility of paying
a claim.
An example: most
automobile insurance policies contain an exclusion
that exempts the insurer from paying in the case
of intentionally caused damage or injury. (Possible
Insurance Fraud investigation may follow) Take
time to read the exclusions, because you don't
want to be caught relying on some kind of coverage
that you don't actually have.
- Conditions
This will become
a very important section should you ever be involved
in an accident. It lists your duties and responsibilities
as the insured in the event of a claim situation.
This part of an
auto insurance policy usually includes guidelines
for contacting the insurance company, obtaining
a police report, and filing a claim. Information
on auto insurance policy cancellation will be outlined
here, too.
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- Collision Insurance
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Collision insurance
coverage pays for damage caused to your vehicle in an
automobile accident, when you are "at fault".
A standard collision automobile insurance policy will
pay for any repairs up to the fair market value of your
car.
It is important to remember that this value can be significantly
lower than the cost of replacing your vehicle (or your
loan balance.) If your car is financed or leased, you
will need coverage's to cover what you owe and what
the car is worth.
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Collision coverage usually
also comes with an insurance deductible. It's the
amount of out of pocket money you pay toward repairs before
your collision insurance pays. The higher the deductible
you're willing to pay, the less the collision policy
will cost.
Collision insurance coverage is not required by law in any
state. However, if you're driving a car purchased from a
dealership or financed through a lender, you may be required
by the dealership or lender to carry collision insurance.
- Comprehensive Automobile Insurance
- Comprehensive is very similar to collision
insurance, the main difference being that comprehensive
covers damage caused to your vehicle caused by any unknown
party or "act of God".
Vandalism, flood, hurricane, theft, and fire are all events
usually covered by comprehensive automobile insurance. (But
make sure to read your comprehensive insurance policy for
exact coverage details.)
Like collision automobile insurance, comprehensive coverage
will pay up to the fair market value of your car (less your
insurance deductible.) And although it's not legally required
by any state law, you will probably need it if your car
is financed or leased.
Automobile Insurance Endorsements
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Automobile insurance
endorsement is just a fancy term
for any of those policy extras like towing insurance, auto
glass insurance, daily rental insurance, and emergency roadside
insurance.
These policies are never required by any state law, but
many drivers value the security and convenience they
provide.
Here's what you get to chose from the endorsement
menu:
• auto towing insurance pays for towing your car anytime you
need it
• auto glass insurance gives you a lower deductible (or no deductible)
when it comes to repairing any broken window on your car.
• daily rental insurance covers the cost of a rental car while your
car is being repaired because of a covered event.
(So you'll usually need both comprehensive and collision
insurance to qualify.)
• emergency roadside assistance covers repairs done on the spot. Changing
a flat roadside may be covered, but you'll have to pay for
any repairs at the garage. This policy is often combined
with auto towing coverage, and called roadside emergency
towing insurance.
In some states, medical payments coverage and uninsured/
underinsured motorists coverage's are voluntary coverage's.
In others, they're mandatory.
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- Liability Insurance
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This is probably the most
important type of car insurance, and it's required by most
state auto insurance laws. Liability car insurance protects
you against the cost of damage and injury that you
cause to another in an automobile accident.
It's actually made up of two different policies, bodily
injury liability, and property damage liability. As you
might guess, bodily injury insurance protects you from the
cost of personal injury to others, and property damage insurance
protects you from the cost of damage you cause to any physical
property.
You've probably seen automobile policies described by three
numbers (like 50/100/55). These numbers refer to auto liability
insurance.
They're usually called the split limits of liability
insurance. Under our example auto liability insurance policy,
you'd be covered for up to:
•$50,000 worth of bodily injury caused to another person
•$100,000 for bodily injuries caused to everyone in an accident
•$25,000 worth of property damage.
Even though you may be tempted to save a few bucks by going
with the minimum liability required in your state, it is
always worth investing in a little extra protection.
- Medical payments insurance
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This policy provides for
the immediate treatment of injuries caused by a car
accident. You, your family members and other passengers
in your vehicle are covered, regardless of who is at fault
for the accident.
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Depending on the specifics
of the policy, medical payments coverage may also compensate
for lost wages or services of a person injured in the car
accident.
PIP, or personal injury protection, is similar to medical
payments coverage, but usually provides broader coverage.
Many PIP policies provide compensation for lost wages, funeral
expenses, and pain and suffering.
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Underinsured and Uninsured Motorist
Insurance
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Both of these types of insurance
protect you against injury caused in an automobile accident
where the at-fault driver's liability car insurance coverage
is inadequate. Though they're often lumped together, they're
really two distinct policies.
Uninsured motorist insurance is needed when the other
driver has no liability coverage.
Underinsured motorist coverage pays for the cost
of your injuries that exceed the other driver's coverage
maximum.
Most states require neither type of coverage, but some require
one or the other, and a few even require both. They're more
often required in no fault states.
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Required coverage types
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Minimum liability limits
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No fault?
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Alabama
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bodily injury and property damage
liability
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20/40/10
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no
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Alaska
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bodily injury and property damage
liability
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50/100/25
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no
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Arizona
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bodily injury and property damage
liability
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15/30/10
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no
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Arkansas
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bodily injury and property damage
liability
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25/50/25
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no
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California
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bodily injury and property damage
liability
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15/30/5
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no
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Colorado
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bodily injury and property damage
liability
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25/50/15
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no
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Connecticut
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bodily injury and property damage
liability, uninsured motorist
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20/40/10
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no
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Delaware
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bodily injury and property damage
liability, personal injury protection
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15/30/10
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no
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DC
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bodily injury and property damage
liability, uninsured motorist
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25/50/10
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yes
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Florida
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property damage liability, personal
injury protection
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10/20/10
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yes
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Georgia
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bodily injury and property damage
liability
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25/50/25
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no
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Hawaii
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bodily injury and property damage
liability, personal injury protection
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20/40/10
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yes
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Idaho
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bodily injury and property damage
liability
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25/50/15
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no
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Illinois
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bodily injury and property damage
liability, uninsured motorist
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20/40/15
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no
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Indiana
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bodily injury and property damage
liability
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25/50/10
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no
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Iowa
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bodily injury and property damage
liability
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20/40/15
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no
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Kansas
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bodily injury and property damage
liability, personal injury protection
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25/50/10
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yes
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Kentucky
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bodily injury and property damage
liability, personal injury protection
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25/50/10
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yes
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Louisiana
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bodily injury and property damage
liability
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10/20/10
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no
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Maine
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bodily injury and property damage
liability, uninsured motorist
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50/100/25
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no
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Maryland
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bodily injury and property damage
liability, uninsured and underinsured motorist
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20/40/15
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no
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Massachusetts
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bodily injury and property damage
liability, personal injury protection, uninsured motorist
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20/40/5
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yes
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Michigan
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bodily injury and property damage
liability, personal injury protection
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20/40/10
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yes
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Minnesota
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bodily injury and property damage
liability, personal injury protection, uninsured and underinsured
motorist
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30/60/10
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yes
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Mississippi
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bodily injury and property damage
liability
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10/20/5
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no
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Missouri
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bodily injury and property damage
liability, uninsured motorist
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25/50/10
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no
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Montana
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bodily injury and property damage
liability
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25/50/10
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no
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Nebraska
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bodily injury and property damage
liability, uninsured and underinsured motorist
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25/50/25
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no
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Nevada
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bodily injury and property damage
liability
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15/30/10
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no
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New Hampshire
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proof of financial responsibility,
medical payments, uninsured motorist
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25/50/25
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no
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New Jersey
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bodily injury and property damage
liability, personal injury protection, uninsured motorist
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15/30/5
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yes
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New Mexico
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bodily injury and property damage
liability
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25/50/10
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no
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New York
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bodily injury and property damage
liability, uninsured motorist, personal injury protection
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25/50/10
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yes
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North Carolina
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bodily injury and property damage
liability
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30/60/25
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no
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North Dakota
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bodily injury and property damage
liability, personal injury protection, uninsured and underinsured
motorist
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25/50/25
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yes
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Ohio
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bodily injury and property damage
liability
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12.5/25/7.5
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no
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Oklahoma
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bodily injury and property damage
liability
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10/20/10
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no
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Oregon
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bodily injury and property damage
liability, personal injury protection, uninsured and underinsured
motorist
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25/50/10
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no
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Pennsylvania
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bodily injury and property damage
liability, medical payments
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15/30/5
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yes
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Rhode Island
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bodily injury and property damage
liability
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25/50/25
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no
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South Carolina
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bodily injury and property damage
liability, uninsured motorist
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15/30/10
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no
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South Dakota
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bodily injury and property damage
liability, uninsured motorist
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25/50/25
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no
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Tennessee
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proof of financial responsibility
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25/50/10
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no
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Texas
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bodily injury and property damage
liability
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20/40/15
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no
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Utah
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bodily injury and property damage
liability, personal injury protection, uninsured and underinsured
motorist
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25/50/15
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yes
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Vermont
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bodily injury and property damage
liability, uninsured motorist
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25/50/10
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no
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Virginia
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bodily injury and property damage
liability, uninsured and underinsured motorist
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25/50/20
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no
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Washington
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bodily injury and property damage
liability
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25/50/10
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no
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West Virginia
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bodily injury and property damage
liability, uninsured motorist
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20/40/10
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no
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Wisconsin
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proof of financial responsibility,
uninsured motorist
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25/50/10
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no
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Wyoming
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bodily injury and property damage
liability
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25/50/20
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no
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This list may be updated or changed at any time and is for
general informational purposes only.
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