Auto Accident Insurance Coverage Minnesota

Minnesota’s snowy winters make accident protection a must. Auto accident insurance coverage is a must for drivers in the state.

In the event of an accident, a full-coverage automobile insurance policy will offset attendant costs to a collision such as medical bills and subsequent wage loss associated with physical injury. Drivers in cold weather states like Minnesota are of keen interest to insurers, as road collisions and auto related accidents from winter road conditions result in dis-proportionality higher than average insurance payouts than the national average. Minnesota drivers have three basic policy options to meet state minimum mandates for auto insurance.

1. Auto Liability Coverage

The most basic coverage for a driver in Minnesota, auto liability insurance agreements protects vehicle assets in case that an auto accident is an insured’s fault. A minimum of $30,000 for single person injury, and $60,000 for injuries to multiple parties, as well as $10,000 for damage to an insured’s vehicle, is required.

2. Personal Injury No-Fault Coverage

Coverage for hospitalization and wage reimbursement is available to an insured driver before a lawsuit. In Minnesota, a driver must carry a minimum of $40,000 in coverage insurance to meet the criteria to ‘no-fault’ coverage. Per-person coverage for an accident is $20,000 in medical care expense offsets and $20,000 for non-medical expenses such as lost wages following an injury sustained from an auto accident.

3. Uninsured Motorist Coverage

Compensation for driver injuries post-accident, where the culpability is another driver with no insurance or limited insurance, is provided by an uninsured or underinsured motorist coverage agreement.  Minnesota auto insurance policy minimum for this type of coverage is $25,000 for injury to a single person and $50,000 for injuries to multiple parties.

For auto accident coverage in Wayzata, MN, contact an insurance broker.