Are Arizona’s Minimum Liability Insurance Limits on the Rise?

Are Arizona’s Minimum Liability Insurance Limits on the Rise? Featured Image

When it comes to legal news, we, at Torgenson Law, are what some would call nerds. As Arizona Injury Lawyers, over the next couple weeks, there is one bit of legal news that has us particularly excited. Specifically, we are referring to the Senate Bill 1087, which the House passed on May 27, 2019.

What is so special about this bill? Well, unless Governor Ducey vetoes the bill sometime in the next week, SB 1087 will increase the minimum insurance limits in Arizona for automobile liability policies.

As you may know, the current minimum insurance policy limits are $15,000 per person and $30,000 per incident. If the bill becomes law, the new minimum limits for all liability policies issued or renewed after July 1, 2020 will be $25,000 per person and $50,000 per incident.

Why does this matter?

Well, let us say you are injured in a car crash and your crash-related medical bills are $20,000. If the driver who hit you has an insurance policy with the minimum liability limits, the most you will ever receive from his or her insurance would be $15,000. This can be frustrating and especially unfair for injury victims because by the time you have paid off your medical bills or liens, there is little if any money leftover to compensate you for the pain and suffering you endured.

On the other hand, if SB 1087 is successful, and with the help of experienced Arizona Injury Lawyers, not only would you be fully compensated for your medical bills, but you could even receive the full $25,000 policy limits to further compensate you for your non-economic damages.

At the end of the day, the obvious takeaway from all of this is that $25,000 is greater than $15,000. This jump in minimum limits can make a world of difference in obtaining the compensation you deserve for you personal injuries. With that said, none of this will change the fact that many drivers will remain uninsured. Also, even $25,000 may be insufficient to compensate you for your injuries. So, we once again urge you to purchase Uninsured (UM) and Underinsured (UIM) Motorist coverage to protect you and your loved ones.

Regardless of what Governor Ducey decides, we, at Torgenson Law, are ready to fight for your personal injury needs. We will not rest until you receive the compensation you deserve. Call us today at (602) 759-0012 for a free case review.


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