On July 1, 2020, the State of Arizona increased the state minimum required on liability insurance for auto policies from $15,000 per person to $25,000 per person and $50,000 per accident.
Property Damage Coverage- This coverage will protect you in the event you are found at fault for an accident and a claim for damages to someone property is being presented to your insurance company. The new minimum requirement is $15,000.00.
Of course, these minimum levels of coverage are far too minimal for most local residents. It is critical to have proper insurance to provide support for all of your losses, no matter what may strike. You insurance agent can provide details on each type of coverage (including the cost), but some of the most common include: collision insurance, uninsured motorist protection, comprehensive insurance, and gap insurance.