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Personal Finance (Not Investing) • Auto insurance: minimum coverage if no assets?

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My elderly mother has no assets (her only asset is $10,000 in a checking account) and limited income (Social Security benefits and a small pension). With respect to auto insurance, should she purchase more liability coverage than the low minimums mandated by New York State? Thank you.
Hi OP,
What can she afford to pay for coverage?

Statistics: Posted by rossington — Sun Apr 28, 2024 4:37 am — Replies 1 — Views 190



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