What are the state minimums for insurance on a bank financed vehicle in west virginia?

Question

i want to switch to geico and dont know what level of coverage is THE LEAST required by law

Answer 1

West Virginia law only mandates that all motorists driving on the state’s public roads must carry motor vehicle liability insurance. The minimum amount of coverage, as provided by law, is $20,000 for one death or injury, $40,000 for two deaths or injuries and $10,000 for property damage.

Because your vehicle is financed it is the finance company not the State of West Virginia that requires that you carry both comprehensive and collision coverage. This is to protect their interest in the collateral for your loan (your car). Check your finance agreement for the maximum deductibles you can purchase, it's usually $500.

Answer 2

You should really check your loan papers to see what they require for insurance.  That may require more than state requirements (for example your lender requires collision and comprehensive and may require higher limits for other coverage).

If your lender does not receive proof of required insurance from your insurance company, your lender may charge you extra for insurance to protect them.