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What Is An Insurance Stamp For Registration Massachusetts
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What Is An Insurance Stamp For Registration Massachusetts? In the state of Massachusetts, all drivers are required to carry insurance. To be registered, all vehicles must be insured. A minimum of $5,000 per person and $10,000 per accident in insurance coverage is necessary. A $500 fine and the suspension of your registration are possible penalties for driving without insurance. If you cause an accident and don’t have insurance, you risk being held liable for any damages. Simply put, an insurance stamp is an evidence that you have the bare minimum of coverage necessary to register your car in Massachusetts. When you register your car and then each time you renew your registration, you must obtain an insurance stamp. Best Motorcycle Lawyer Los Angeles California WHAT IS AN INSURANCE STAMP? On demonstrating that a vehicle has current insurance, an insurance stamp is physically applied to the registration certificate. The registrar must apply the stamp on the registration certificate after obtaining it from the insurance provider. Typically, a stamp costs $5 to $10. WHAT IS THE PURPOSE OF AN INSURANCE STAMP? All automobiles registered in Massachusetts must bear an insurance stamp. The insurance stamp’s objective is to demonstrate that the car has valid insurance. When the policy is
issued, the insurance provider will deliver the stamp to the Registry of Motor Vehicles (RMV). The RMV won’t grant registration if the car isn’t covered by insurance. Click To Read More>>