February 1, 2008, Newsletter Issue #102: State Requirements for Auto Insurance Coverage

Tip of the Week

New Hampshire, Tennessee, and Wisconsin are the only U.S. states that do not require liability car insurance coverage; however, these states do have financial responsibility laws.

These laws require car owners to have the assets necessary to cover any claims that are their fault. If you take out a loan to pay for your auto, the loan company may require collision and comprehensive auto insurance, even if your state of residence does not. Find out what your state requires and get a car insurance quote online.

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Joe Wallace