According to a new report by WalletHub.com, Automobile insurance requirements vary widely among states. The District of Columbia and the 50 states were ranked from safest to riskiest by awarding points based on the minimum coverage requirements for the mandatory forms of automobile insurance in each state and also the percentages of uninsured drivers in those specific states. Points were also assigned to those states that had other types of insurance requirements, such as personal injury protection, medical payments coverage and/or uninsured motorist coverage.
It was determined that the state of Maine has the most stringent requirements. Maine requires minimum bodily injury coverage per person of $50,000 and per accident of $100,000 and minimum property damage coverage per accident of $25,000. North Dakota, New York, Maryland, New Hampshire and Utah followed.
The report also took into account that many states, nationwide, as well as the District of Columbia, have bans on hand-held cellphone use and some states and the District of Columbia even ban texting while driving. Therefore; a driver who crashes while distracted may be held liable for damages.
For more information, visit www.WalletHub.com