News Supreme Court upholds health care reform

[jim hardy]

Eh no, one can choose to self insure for collision, i.e. damage to your own vehicle and/or health, and many do, but some minimum liability insurance is a requirement in all fifty. Note the minimum varies substantially from state to state (wisely IMO).

http://personalinsure.about.com/cs/vehicleratings/a/blautominimum.htm

it's a fine point, but some states do allow people of means to self insure.

But i don't see why anybody who's sane would.

http://www.flhsmv.gov/ddl/frfaqself_person.html#method1

METHOD III - FINANCIAL RESPONSIBILITY CERTIFICATE (BASED ON SURETY BOND)

Persons posting with the department a satisfactory bond of a surety company authorized to do business in this state, conditioned for payment of the amount specified in section 324.021(7), Florida Statutes. Bond forms are available upon request.

Individual - Filing Requirements


Surety Bond from a surety company authorized to do business in this state, conditioned for payment with the amounts of: $10,000 of bodily injury to, or death of, one person in anyone crash; $20,000 bodily injury to, or death of, two or more persons in anyone crash; and $10,000 injury to, or destruction of, property of others in anyone crash ($10,000/20,000/10,000).