What Does Car Liability Insurance Cover?
Car liability insurance is an important component of a driver’s overall insurance package and is required by law in most states. Although it’s one of the most basic types of car insurance, it’s also one of the most essential.
What Liability Insurance Includes
When you purchase liability car insurance, you are buying coverage that applies in the event that you are at fault and responsible for bodily injury or property damage. Liability insurance covers the following:
- Bodily Injury Liability – Covers the medical bills and lost wages of any individuals who sustain injury in an accident you cause. It also covers any legal expenses associated with a court case, if necessary.
- Property Damage Liability – Covers damage done to another party’s property if you are held responsible for the accident. This includes damage done to other vehicles, buildings and any other physical object.
Benefits of Liability Insurance
Not only does liability insurance protect you from the high cost of court cases, it also acts as financial protection for you and other drivers on the road. It is required by law, so having it helps you avoid getting ticketed for not having insurance. In addition, it provides motorists with peace of mind knowing their financial obligations are taken care of in the event of an accident.
Finding Affordable Coverage
When shopping around for car insurance, it’s important to shop around and compare rates from different insurers. Also, be aware of your state’s required minimum liability limits; although we recommend purchasing more coverage than your state requires.
By making sure you have adequate liability coverage and shopping around for the best rates, you can purchase the coverage you need while keeping your insurance premiums low.
