Insurance auto coverage varies based on the province or territory. Learn about our auto insurance eligibilities and restrictions across Canada.
What are the limitations of insurance?
Limitations are the maximum amount of money that an insurance company will pay out for a claim in a policy period. These amounts are typically specified on the insurance policy.
What are the minimum requirements for auto insurance in Minnesota?
Minimum no-fault coverage is $40,000. That amount is available to each person injured in an accident; $20,000 is allowed for medical expenses and $20,000 may be used for non-medical expenses. Coverage beyond these minimum amounts may be purchased.
What are the requirements for car insurance in Michigan?
In Michigan, car insurance laws require drivers to have a mandatory 20/40/10 no-fault insurance policy. This means drivers should have liability coverage of at least $20,000 per person and $40,000 per accident for bodily injuries, with at least $10,000 of property damage coverage.
What are the limits for car insurance in Texas?
In Texas, you must have at least $30,000 in liability coverage for each injured person, up to a total of $60,000 per accident, and $25,000 for property damage per accident. This basic coverage is called 30/60/25.