What is the minimum insurance required for motor vehicles in most states?

Liability insurance is the minimum insurance required for motor vehicles in most states because it provides financial protection in the event that you are found responsible for causing an accident that results in injury or property damage to others. This type of insurance typically covers the costs associated with medical expenses for injured parties as well as property damage repair costs.

The requirement for liability insurance exists to ensure that drivers are financially capable of covering damages they might cause, which helps to protect the rights and financial interests of others on the road. Each state sets its own minimum coverage limits, which must be adhered to in order to legally operate a vehicle.

Comprehensive insurance and collision insurance, while important for additional coverage, are not mandated by law in most states. Comprehensive insurance covers damage to your vehicle from non-collision events, while collision insurance covers damage from crashes. Uninsured motorist coverage is also important, as it offers protection if you are in an accident with a driver who does not have insurance, but it is generally not a requirement for vehicle registration in the same way that liability insurance is.