Minnesota Car Insurance
Car Insurance » Minnesota
Is car insurance mandatory in Minnesota? The short answer is yes. According to the State of Minnesota Department of Commerce, "... a licensed vehicle in the state of Minnesota must have liability, personal injury, uninsured motorist, and underinsured motorist insurance coverage." Minnesota seems to have a particular need for this law, since it is estimated that between 10 and 20 percent of Minnesota drivers are uninsured.
If someone is caught driving without insurance, the penalty can be serious. It is a misdemeanor with a maximum fine of $1,000, although the average fine is closer to $200. Revocation of the driver's license for 30 days or more is also a strong possibility for someone caught driving witrhout insurance.
Beyond the legal requirement, Minnesota car insurance just makes good sense. Accidents do happen, and a serious accident can be a life-changing event not only for the person who is hit, but also for the responsible driver. An uninsured driver who causes an accident can be sued for damage to the vehicle and, more importantly, for personal injury. Personal injury costs can go into the hundreds of thousands very quickly, and an insurance company is better equipped to deal with costs like those than an average driver is.
How much insurance actually covers is limited by the type and amount of insurance purchased. Someone who buys just the state minimum may save themselves a fine, but still not have enough coverage to avoid major expenses.
Please start by clicking on your desired city BELOW: