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Benjamin Zitney 9431 Haven Ave. #201 Rancho Cucamonga CA, 91730 909-784-2471 |
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The law governing New Hampshire car insurance is the topic of the newest resource page to be published at OnlineAutoInsurance.com.
Online PR News – 17-December-2010 –With the healthcare debate in full swing again, readers of the news likely have seen a repeated analogy comparing the individual mandate to compulsory auto insurance laws. What some may not know about compulsory insurance laws is that there remains a very small minority of states that allow residents to satisfy financial responsibility laws without purchasing an auto policy.
In a new resource page published by OnlineAutoInsurance.com, the writers explain that, despite the fact that New Hampshire auto insurance is not a requirement in the Granite State, purchasing coverage may still be the smartest way to go for residents, and many still do.
The fact is that even though New Hampshire drivers are not legally obligated to purchase coverage, they will still be legally obligated to pay for any damages that they cause in a car accident. And those costs can get sky-high quickly.
Instead, most New Hampshire drivers opt to purchase coverage. According to multiple sources, the state has historically had lower uninsured motorist rates than most others, despite its lack of a compulsory law.
If drivers in the state go to purchase a policy, there will still be state-required minimum levels of coverage for those policies. All protection plans issued in the state must provide for financial protection of up to $50,000 for bodily injury liability per accident and $25,000 for property damage liability per accident. In addition, each policy must contain $1,000 in medical payments protection for the insured and uninsured motorist coverage that must match the bodily injury and property damage liability levels.
Source: http://www.nh.gov/insurance/consumers/documents/nh_auto_guide.pdf
Readers who wish to learn more about New Hampshire car insurance laws can go to http://www.onlineautoinsurance.com/new-hampshire/car-insurance-laws/ where they will find an informative new resource page and a quote-comparison generator that can be used to track down the lowest rates in any part of the country.
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