Question

What are the Minimum Requirements for the Financial Responsibility Law (there are two)?

A) Liability insurance and comprehensive coverage
B) Bodily injury liability coverage and property damage liability coverage
C) Uninsured motorist coverage and personal injury protection
D) Collision coverage and medical payments coverage

Answer 1

The minimum requirements for the Financial Responsibility Law are bodily injury liability coverage and property damage liability coverage.

Step-by-step explanation:

The minimum requirements for the Financial Responsibility Law are:

1. Bodily injury liability coverage: This coverage helps pay for the medical expenses of someone injured in an accident where you are at fault.
2. Property damage liability coverage: This coverage helps pay for the damage you cause to someone else's property in an accident where you are at fault.

Option B, Bodily injury liability coverage and property damage liability coverage, is the correct answer.