Auto insurance can protect you from the financial costs of an accident or injury, but you need to have the proper coverage. Commerce is here to help you make the most of insurance from buying the right amount of coverage and in the case of an accident, settling a claim and getting you back on the road.
Auto insurance is required by Minnesota law and if you have a car loan, your lender may also require coverage.
Policies will vary beyond what is required by law and every policy will have limitations on what it covers and to what extent.
You policy can be cancelled if you don't pay your premium, misrepresent or fail to disclose certain information.
Minnesota No-Fault Automobile Insurance Act requires Minnesota residents and nonresidents are required at all times to maintain basic economic loss benefits and automobile liability coverage (also known as Personal Injury Protection or PIP) on vehicles they own, provided use of a vehicle is contemplated and one of the following is true:
The vehicle required to be registered or licensed in Minnesota, or
The vehicle principally garaged in Minnesota
Secondly, the Act also required a nonresident of Minnesota to maintain PIP and liability coverage on any other owned vehicle whenever the nonresident drives this vehicle within the borders of Minnesota.
Additionally, companies listed on this No-Fault Certification Form have formally agreed to provide Minnesota no-fault benefits to their non-Minnesota insureds if those insureds are involved in an accident while driving their vehicle in Minnesota.