The minimum amounts of liability insurance vary depending on the jurisdiction and type of insurance. For example, in the United States, the minimum auto liability insurance limits are typically set by each state and can range from $15,000-50,000 for bodily injury per person, $30,000-100,000 for bodily injury per accident, and $5,000-25,000 for property damage. However, it is important to note that these minimums may not provide adequate coverage in the event of a serious accident, so it is often recommended to consider higher limits.
I assume you are referring to auto liability insurance. Each state legislature sets there own minimum limits. The requirement is by law and not made by the insurance companies themselves. Be very careful carrying the minimum state required liability insurance because you are responsible for anything over your coverage limits. At least be educated about what the liability coverage you have means.
As you know the minimum amounts for liability insurance vary from state to state. Alabama has as its minimum requirements the following the minimum liability limits are $25,000 for injury liability for one person, $50,000 for all injuries and $25,000 for property damage in an accident.
Minimum Auto Liability limits in the United States are set by your local State Government.
Liability insurance for what? Insufficient information to answer.
Liability insurance is the minimum coverage you can get and is required in every state.
Alabama's one of the states that requires minimum liability insurance. Alabama stipulates that an individual who has minimum liability insurance must have insurance that will cover the following Bodily Injury Liability: $25,000/$50,000 Limit Property Damage Liability: $25,000 Limit.
The minimum amount of liability insurance coverage required (in California) is: 15/30/5. 15/30/5
The minimum required for liability car insurance in Texas is $10,000. There is no recommended amount just the minimum. If you want more than the minimum your agent will be able to assist you with that.
The minimum Liability Requirements in the United States are regulated by each individual state. You will need to contact an insurance agent in your state and ask the minimum limits required.
There is no minimum. They can buy whatever insurance limits they want, or they can buy none at all.
It depends on the type of law you practice, and how careful you are, and how many matters you handle. Claim amounts are higher and claims more frequent in personal injury law. Claims are less frequent in patent and entertainment, but amounts are higher. Residential real estate generates frequent claims, but lower amounts.
If you live in Texas you must have at least liability insurance. The minimum liability limits are $30,000 for each injured individual and up to $60,000 per accident.
Your insurance agent will advise you of the bare minimum insurance you absolutely need, but you can be sure "liability" will be part of it, yes.