Americans love their cars, but what they love even more is the security of knowing that both they and their precious vehicles are covered financially if another motorist hits them in a car accident.
The states in the ranking were rated across three categories — liability insurance requirements, other types of insurance required and estimated percent of uninsured drivers — to determine which states pose the least risk to your wallet as a driver, if you are in an accident.
The dollar amounts quoted (in thousands) for liability insurance are for: minimum bodily injury coverage per person/bodily injury coverage per accident/property damage coverage per accident.
The other types of insurance required in certain states are: medical payments coverage (MPC), personal injury protection (PIP), uninsured motorist coverage for bodily injuries (UMBI) and uninsured motorist coverage for property damage (UMPD).
In the ranking below, the least risky five states have an average liability insurance requirement of 31/62/50. Scroll through to see which states are in the top 21 and how they compare.
Source:
