What is the minimum required insurance coverage under 46.2-472?

What is the minimum required insurance coverage under 46.2-472?

• A. 60k
• B. 30k
• C. 100k
• D. 500k

Answer: (A)

Understanding how Virginia sets auto liability limits helps you see what the question is asking. Virginia requires several separate limits: a bodily injury limit for injuries to people, and a property damage limit for damage to others’ property. The bodily injury portion is defined in two ways: a per-person amount and a per-accident amount. The key point is that the law requires a minimum for the per-accident bodily injury limit—the total amount the policy will pay for all injuries resulting from a single crash. This distinction matters because the per-accident limit protects multiple injury victims in one crash, while the per-person limit is just the amount available for any single injured person. The property damage limit is a separate minimum and does not satisfy the requirement for bodily injury coverage. So, when choosing the correct option, it’s the one that reflects the statutory minimum for the per-accident bodily injury coverage. If you want more protection beyond the minimum, you can always increase these limits.

Understanding how Virginia sets auto liability limits helps you see what the question is asking. Virginia requires several separate limits: a bodily injury limit for injuries to people, and a property damage limit for damage to others’ property. The bodily injury portion is defined in two ways: a per-person amount and a per-accident amount. The key point is that the law requires a minimum for the per-accident bodily injury limit—the total amount the policy will pay for all injuries resulting from a single crash.

This distinction matters because the per-accident limit protects multiple injury victims in one crash, while the per-person limit is just the amount available for any single injured person. The property damage limit is a separate minimum and does not satisfy the requirement for bodily injury coverage.

So, when choosing the correct option, it’s the one that reflects the statutory minimum for the per-accident bodily injury coverage. If you want more protection beyond the minimum, you can always increase these limits.