The most common mandatory insurance coverage includes:

Question

Quizplus · Accepted Answer

Liability insurance for damages caused by vehicle accidents is the most common mandatory insurance coverage required by law in most states. It provides third-party coverage for bodily injury and property damage resulting from an accident caused by the insured driver. Optional coverages such as collision and comprehensive insurance can also be added to further protect the insured's vehicle. The other options listed, such as travel cancellation liability and damage at the workplace caused by disgruntled employees, are not typically mandatory insurance coverages.

The Most Common Mandatory Insurance Coverage Includes