Is Car Insurance State Specific?
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaAutomobile insurance is issued according to the laws and regulations of the particular states. Procedures vary from state to state and are administered by an insurance commissioner in each state. These commissioners do cooperate and many regulations are similar however, for a variety of reasons they are unique to their state.Answered on October 23, 2014flag this answer
14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482Car Insurance in general is regulated by each state's Insurance Department. So whereas car insurance itself is a requirement throughout all 50 states, as I understand it, the individual states are able to set and regulate the requirements as they see fit. For example, in Connecticut, it is required that one carry at least a minimum amount of Bodily Injury Liability Coverage of $20,000 per person and $40,000 per accident and $10,000 Property Damage, along with $20,000/$40,000 for Uninsured/Underinsured Motorist. Another state's minimum is $25,000/$50,000 with $25,000 for Property damage. So you see, though the general requirement to have it may be similar each state sets and regulates it's own variation.Answered on June 15, 2016flag this answer
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