Compulsory auto insurance
From Ask in Wiki
Compulsory auto insurance The minimum amount of auto liability insurance that meets a state law. Financial responsibility laws in every state require all automobile drivers to show proof, after an accident, of their ability to pay damages up to the state minimum. In compulsory liability states this proof, which is usually in the form of an insurance policy, is required before you can legally drive a car.
Compulsory auto insurance • Family auto insurance • No fault insurance • Auto insurance risk selection • Collector auto insurance • Marine insurance
See also: Life insurance • Property insurance • Health insurance • Business insurance • Travel insurance

