How Does Increase to Minimum Liability Requirements Affect You?


The Cleveland Plain Dealer recently reported that Ohio is raising the minimum auto insurance liability coverage for the first time in 44 years. Effective at the end of 2013, the new minimum limit is $25,000 per person/$50,000 per accident for bodily injury liability and $25,000 for property damage liability.

As an auto insurance consumer, you might be wondering how this affects you. Insurance Partners Agency has long recommended that clients have liability coverage that is higher than these minimum amounts so as to be properly protected. Policyholders who already have higher limits will, therefore, not be affected by the increased minimum.

It is likely to take time for the insurance industry to measure the effect of this change in Ohio. Hopefully, we will eventually see a decrease in the cost of uninsured/underinsured motorists coverage as less cost is shifted from at-fault underinsured drivers to those who suffered injury or property damage.

- Insight provided by Steve Klatte, Personal Insurance Manager, Insurance Partners Agency, (800.229.5266, regarding article, “After 44 years, Ohio is raising its minimum liability requirements for auto insurance” published by The Plain Dealer on February 15, 2013, source: Consumer Federation of America

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