Used Car Insurance Minnesota MN

Reader’s Question:

I bought a used car here in Minnesota. Do I have to buy car insurance for it?

Leticia

Bloomington, MN

Basically, different types of coverage are already included in the policy when you buy car insurance. But you have control over the kinds of coverage you want to have, as well as the amount of coverage that you can afford.

Like most states, Minnesota has certain insurance laws that will require you to have at least the minimum car insurance. In some states, before you can register your car, you will need to show some proof that you have car insurance. To put it simply, car insurance is definitely a must-have whether your car is the latest model or a second-hand vehicle.

You should also know that most states require you to have liability coverage included in your insurance policy. The liability coverage of your policy is crucial in providing financial assistance to you should you get involved in an accident wherein injuries to people and damages to property were sustained.

In Minnesota, the minimum state requirement for body injury liability is $30 thousand, while for property damage liability, the limit is $10 thousand. The state of Minnesota also requires you to have uninsured and underinsured motorist liability coverage, as well as a personal injury protection, with a $40 thousand limit.

But you have to give this some thought because sometimes these minimums aren’t enough to accommodate the expenses of a serious accident. Sometimes, it is better to buy a liability coverage that is higher than the required minimum to ensure that you are really protected.

Tags: car insurance quotes, liability insurance, used car