What Does Minimum Auto Insurance Coverage Mean?
Reader’s Question:
Hi everyone! I’m having a hard time understanding the auto insurance quote that an agent gave me. He says it’s the minimum auto insurance requirement in Arizona. Can someone explain in simple terms what this actually covers?
Faith
Glendale, AZ
Hello there, Faith! I’d be glad to help you out.
For starters, the minimum auto insurance coverage required in Arizona are as follows: $15,000 per person of bodily injury liability insurance with a maximum of $30,000 per accident and a $10,000 property damage liability insurance. If you are found to be the person at fault in an accident, the bodily injury liability insurance will pay for the costs of medical expenses, lost wages and pain and suffering of the injured party. It will also provide legal defense if ever you get into a lawsuit resulting from the accident. On the other hand, the property damage liability insurance will cover the expenses for damage to another person’s properties, as well as any legal costs associated with the accident.
Aside from the minimum insurance required, I would also suggest that you look into getting some add-on auto insurance coverage for collisions and a comprehensive auto insurance, as well, to cover for any other thing that could result to the damage or loss of your vehicle.
Why don’t you give your agent in Arizona a call? I’m sure your auto insurance agent will be able to enlighten you on your auto insurance companies’ policies and processes, and this will aid you in making an informed decision before you actually pay for your auto insurance.
Insuring an Out Of State Vehicle – Car Insurance Questions
Reader’s Question:
My daughter wants to purchase a car, can we insure it in our policy in a New Jersey? Or should we remove her from our existing policy as an authorized driver?
Carol
Thank you for asking Carol.
If your daughter bought a car in Arizona, I do not think your New Jersey policy will cover her. Arizona requires that every motor vehicle operating on their public roads be covered by one of the statutory forms of financial responsibility through a carrier that is authorized to do business in the state of Arizona. Arizona law requires minimum liability coverage of $15,000/$30,000 for bodily injury liability and $10,000 for property damage liability. As for removing her name from your current Illinois policy, you will need to contact your insurance company to discuss this option.
Goodluck!
MariCAR
What Is the Minimum Liability Auto Insurance In Arizona?
Reader’s Question:
What is the minimum liability insurance required in the state of Arizona?
Jay
Thank you for asking Jay
Arizona requires that every motor vehicle operated on the public roadways to be covered by one of the statutory forms of financial responsibility, more commonly called liability insurance. You should get this from a carrier that is authorized to do business in Arizona. This includes golf carts, motorcycles and mopeds.
As of August 2006, minimum levels of financial responsibility are:
* $15,000 bodily injury liability for one person and $30,000 for two or more persons
* $10,000 property damage liability
Goodluck!
MariCAR
Is It Illegal to Drive a Motorcycle In Arizona Without Insurance?
Reader’s Question:
Is it illegal to drive a motorcycle without insurance in AZ?
Mike
Thank you for asking Mike.
It is not legal to operate a motorcycle in Arizona without insurance. Arizona requires that every motor vehicle, including motorcycles, operating on their roads must be covered by one of the statutory forms of financial responsibility through an insurance company that is authorized to do business in the state of Arizona. Arizona requires minimum levels of $15,000/$30,000 for bodily injury liability and $10,000 for property damage liability.
Goodluck!
MariCAR
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