"minimum liability" is correct and usable in written English.
You can use it to refer to the minimum amount of money, responsibility, or penalty owed or required in legal or other contractual circumstances. For example, "The insurance company is required to carry a minimum liability of two million dollars."
The court said rental companies were bound by state law to provide the minimum liability insurance mandated by the state.
The current minimum liability rates are in addition to the existing $50,000 "no-fault policies" that all drivers are required to carry.
About 30percentt of the 7.3 million vehicles insured in New York have minimum liability coverage, according to the state Insurance Department.
For the analysis, the researchers obtained premium quotes from the auto insurers' websites for the minimum liability coverage required by states.
Paramount contends that Showtime has refused to accept and pay for the films as a way to reduce its minimum liability for the 75 films.
Under the bill, minimum liability coverage for injury to one person would have been increased to $25,000 from $10,000.
A lawmaker's net worth is calculated by subtracting the minimum liabilities disclosed from the minimum assets.
The hypothetical woman had driven 15 years with no accidents or moving violations, and sought the minimum required liability coverage on a 2002 Honda Civic.
Gov. Mario M. Cuomo today vetoed a bill that would have raised New York's minimum car liability insurance levels for the first time in 33 years.
Both drivers shared certain characteristics: Each was 30 years old; had been a driver for 10 years; lived in a ZIP code with a median income of $50,000; owned and drove a 2002 Honda Civic; drove 7,500 miles per year; and carried the minimum auto liability insurance required by state law (minimums vary from state to state).
They could also count any alternative minimum tax liability, the 3.8 percent Obamacare tax on investment income, and the employee share of payroll taxes toward the 30percentt minimum tax.
