Tipton, KS | John Burns - 3/17/2026 06:23
self insured their vehicle fleet...
A fleet based company might "self-insure" to say the first million, with an insurance company picking up the rest of the tab after that.
AI Overview - Several states, including California, Connecticut, Florida, Georgia, Hawaii, Indiana, Maryland, New Mexico, North Dakota, Pennsylvania, and Vermont, allow self-insurance for auto coverage, often requiring ownership of a fleet (typically 25+ vehicles), a deposit with the DMV, or a certificate of self-insurance to prove financial capacity
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FWIW: Minimum Car Insurance Requirements by State
https://usclaims.com/news-and-tips/minimum-car-insurance-requirement...
The $1,554.51/year quote I posted above is what I carry...needless to say, a state minimum policy is cheaper. I might add a loan company might require $500 deductible on Collision and Comprehensive coverages. Apparently, some folks don't have much savings.
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