From an insurance perspective, limits are also the maximum amount your insurance company will pay on a claim. If Minnesota drivers don't purchase at least the minimum amounts of car insurance coverage required by Minnesota law, they may face penalties for driving without insurance. Uninsured motorist insurance covers the policyholder's expenses after an accident if the other driver doesn't have insurance or doesn't have enough coverage to pay for the damages. If you can't drive your car because of a covered loss, this coverage helps pay for a car rental or other transportation expenses so you can get back on the road.
In some states, your vehicle can be towed and you won't be able to claim it until you present proof of insurance. In addition, drivers should also consider purchasing other types of car insurance to better protect themselves. Not having car insurance in many states can make you a high-risk driver when buying car insurance. Even though car insurance is mandatory in Minnesota, an average of 12% of the state's drivers don't have car insurance.
In states where there is no fault, you should first consult your insurance company to cover injuries before attempting to file a claim with the other driver's insurance. While you can never predict an accident, you can try to prepare for it, and getting a proper auto insurance policy is the best way to do that. Liability limits in auto insurance are the maximum amount your insurance company will pay for injuries and property damage in accidents you cause. The consequences of driving without insurance exceed the monthly insurance premium and may result in the following penalties.
Even though car insurance is required by law in the state of Minnesota, many drivers choose not to get a policy. Some car insurance qualifying factors, such as your driving history, can significantly affect your insurance costs. The terms, definitions and explanations of insurance are for informational purposes only and do not replace or modify in any way the definitions and information contained in the individual pages of contracts, policies or insurance statements, which are decisive. Like many other states, Minnesota requires that all drivers have a certain minimum amount of car insurance.