Some states, such as North Carolina, require that a driver hold liability insurance before a license can be issued. Usually, the minimum required by law is third party insurance to protect third parties against the financial consequences of loss, damage or injury caused by a vehicle. Penalties for not purchasing auto insurance vary by state, but often involve a substantial fine, license and/or registration suspension or revocation, as well as possible jail time in some states.
The state of New Hampshire, for example, does not require motorists to carry liability insurance (the ballpark model), while in Virginia residents must pay the state a $500 annual fee per vehicle if they choose not to buy liability insurance. In the United States, auto insurance covering liability for injuries and property damage done to others is compulsory in most states, though enforcement of the requirement varies from state to state. Vehicle insurance (also known as auto insurance, car insurance, or motor insurance) is insurance purchased for cars, and other vehicles.You can get free auto insurance quotes fromCHICAGo or compare auto insurance rates and get Chicago auto insurance Its primary use is to provide protection against losses incurred as a result of traffic accidents and against liability that could be incurred in an.
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