Delaware Auto Insurance
Delaware may be the second smallest State in America but that does not mean it should be overlooked when it comes to carrying auto insurance. Delaware is known for its fabulous tax-free shopping and for its wonderful beaches and recreation areas. Furthermore, it is situated between New York City, Philadelphia, and Washington, D.C. and so tourists are coming to Delaware or traveling through at all times. Delaware residents are concerned about auto insurance and accident coverage since it is the most traveled state in all of America. The accidents on the road cannot be avoided in this tiny state and the residents of Delaware pay a lot for their auto insurance. Even though Delaware did lower its car insurance rates by 4.5% between 2006 and 2007, only three other States at present rank higher in auto insurance premiums
Delaware Auto Insurance Requirements
The State of Delaware recognizes the need for proper auto insurance and is helping their residents feel safe and secure on the roads by making Delaware a no fault State. This means that each driver will have their auto insurance company behind them to pay out claims regardless of who actually caused the accident. By making Delaware a no fault state the number of court cases resulting from car accidents are reduced as well.
Delaware auto insurance requirements include being covered for Personal Injury Protection (PIP). With Personal Injury Protection, any insured in the state of Delaware will be reimbursed up to the amount that they are insured for, for medical expenses including death benefits resulting from involvement in a car accident.
Even with no fault insurance, the person who was actually at fault may find that the amount of injury to the other driver and damage far exceeds Delaware auto insurance minimum coverage, therefore residents of Delaware are required to carry additional insurance. Delaware drivers must carry the following minimum insurance:
- Bodily Injury Liability – Bodily Injury Liability insurance in the amount of $15,000 to cover any medical expenses for one person in the other car when the insured driver is at fault.
- Bodily Injury Liability – Delaware auto insurance for Bodily Injury Liability will provide up to a maximum of $30,000 to help cover more than one injured party’s medical costs sustained in the other car.
- Property Damage Liability – Delaware residents must be covered for at least $10,000 against any property damage to the other vehicle and public property such as buildings, road signs, and more.
These of course are minimum amounts and do not cover extensive damage claims. Furthermore Delaware State recommends that its drivers carry higher than minimum requirements and that they also carry Comprehension and Collision insurance to protect their vehicle from damaged sustained by wildlife, or natural occurrences such as storms and fallen trees.
Because of the amount of traffic passing through Delaware by drivers in other states, Delaware auto insurance should include Uninsured/Underinsured Motorist insurance in case the other driver’s insurance is not sufficient to cover the costs when they are at fault. This coverage does insure against hit and run drivers who cause damage then speed away without ever being identified.
