Statutory Limits

The table that follow displays the minimum financial responsibility or compulsory liability insurance limits for all of the states.

The laws of all states express the requirements in terms of split limits.  For example, if the chart shows "25/50/10",

the law requires that the policy provide at least $25,000 for bolidy injury to each person., $50,000 for all bodily injury

and $10,000 for property damage, each accident.

The insurance laws of some states also state the requirement in terms of a combined single limit. For example, if the chart shows

"15/30/10 or 40, the law provides that a policy with a combined single limit of $40,000 will also satisfy the requirement.

A combined single limit of $40,000 means taht the insurance will pay up to $40,000 for all bodily injury and property damage arising

out of each accident.

State Limits