This office clause is a form dealing with compliance with legal requirements and insurance recommendations covering most all of the issues covered.
Minnesota Clause Addressing Compliance with Legal Requirements and Insurance Recommendations
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Multi-State
Control #:
US-OL13064
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Word;
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FAQ
(a) Every employer, except the state and its municipal subdivisions, liable under this chapter to pay compensation shall insure payment of compensation with some insurance carrier authorized to insure workers' compensation liability in this state, or obtain a written order from the commissioner of commerce exempting ...
Some of the more well-known types of compulsory insurance coverage include auto liability insurance, workers' compensation insurance, and professional liability insurance. Auto liability insurance provides economic security for motorists who cause damage to another person or their property while driving.
For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Car insurance usually follows the car in Minnesota.
The short answer to the question is there is no match law; however, there are situations where a match may be required by the relevant insurance policy. The match law issue in Minnesota arose out of a 1999 district court case brought by then Attorney General Mike Hatch against American Family Mutual Insurance Company.
Minnesota Auto Insurance Minimum Coverage Requirements Minnesota requires the following minimum coverages on your car insurance: Bodily injury liability: $30,000 per person and $60,000 per accident. Property damage liability: $10,000. Personal injury protection (PIP): $40,000.
Full coverage insurance in Minnesota is usually defined as a policy that provides more than the state's minimum liability coverage, which is $30,000 in bodily injury coverage per person, up to $60,000 per accident, and $10,000 in property damage coverage.
Under most circumstances, a licensed vehicle in the state of Minnesota must have liability, personal injury protection, uninsured motorist, and underinsured motorist coverage.
Auto insurance is required by Minnesota law. If you have a car loan, your lender may also require additional coverage such as collision and comprehensive coverage. Policies will vary beyond what is required by law and every policy will have limitations on what it covers and to what extent.
