Arizona Legislature Considering Raising Minimum Limits For Auto Insurance.

Arizona Legislature Considering Raising Minimum Limits For Auto Insurance.  For almost forty years the minimum limits for liability insurance in Arizona has been 15/30/10 (in thousands).  This means that under the current minimum limits, if the an fault driver causes more than $10,000 in property damage to a vehicle, that vehicle owner will have to look to his/her own collision coverage. Assuming they have collision coverage.

If the same driver injures the other driver, that $15,000 will barely cover emergency room costs. It is no where near sufficient to compensate him/her for their pain and suffering.  State representative Ethan Orr (Rep)  has introduced House Bill 2165.  The bill increases the minimum limits coverage to 25/50/25.

While Arizona’s limits are not the lowest in the nation, that honor goes to California and Nevada, they are low.  The reality is they do not provide adequate protection to the general driving public.  While a raise in the limits may cause premiums to increase it will help reduce the out of pocket expenses that an injured party will incur as the result of an accident with an underinsured motorist.