car accident

Virginia Minimum Auto Insurance Limits to Not Rise in 2021

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Earlier this year, the Virginia Senate approved raising the state’s automobile liability insurance minimum limit from $25,000 to $35,000. If the proposal became law, it would have been the first change in the state’s auto liability minimum since 1975. As of now, 44 other states have the same minimum limit of $25,000.

The minimum limits would have increased to $35,000 per person, $70,000 per accident and $40,000 for property damage. Unfortunately, although the proposal had strong support in the state Senate, it was killed on a close vote in a House committee. Senate Bill 664 was rejected on a 10-9 vote in the House Labor and Commerce Committee. It faced a lot of opposition from the insurance industry and taxicab companies.

The Abrams Landau law team does not believe a $25,000 minimum in auto insurance is enough. Currently, the minimums are at $25,000 per person, $50,000 per accident and $20,000 for property damage. Today’s medical costs make the current minimum unrealistic. Catastrophic accidents can happen to anyone. Attorney Doug Landau has seen people who are the victims of a catastrophic crash who wished that they had purchased additional coverage for their loved ones because they had a $25,000 “Minimum Limits” policy and their medical bills, lost wages and other losses totaled over $100,000.

Therefore, it is important to have adequate insurance and don’t forget to pay attention to uninsured and underinsured motorist coverage as well. You can read more about it here.

If you or someone you know was injured due to no fault of your own, please give us a call (703-796-9555) or email us at Abrams Landau, Ltd.