Learn About Liability Car Insurance: What It Covers and How Much You Need
In the United States, liability automobile insurance is among the most popular options for coverage. Most states in the United States require drivers to carry liability insurance in the form of automobile insurance. Depending on the circumstances, drivers can choose from a number of various types of auto insurance.
How does Liability Car Insurance Work?
If you cause injury or damage to someone else’s property in a car accident and you are found to be at fault, liability auto insurance can assist in paying for those costs. Your medical bills and car repairs won’t be covered by liability-only insurance. Liability car insurance includes both bodily injury and property damage protection.
In the event of an at-fault car collision, liability car insurance is often expressed as a range of numbers signifying the maximum amount (in thousands of dollars) the insurer may cover.
Personal/Total/Property Damage Injuries are represented by these figures.
By way of illustration, a 100/300/50 policy specifies limits of $100,000 for each injured party, $300,000 for all injuries sustained in a single accident, and $50,000 for property damage.
What Does Bodily Injury Insurance Entail?
If you are at fault in an accident and another person has injuries as a result of it, bodily injury coverage will reimburse the other person for their medical expenses. Your medical bills, final expenses, and lost wages from an accident in which you were at fault may all be covered by this insurance. If the accident leads to legal proceedings, it could also help pay for your defense.
What kind of bodily injury coverage are available?
Bodily injury protection can be broken down into two categories: per-person and all-out. Personal injury protection (also known as “bodily injury liability per person”) is the maximum amount your policy will pay toward an individual’s medical bills if you are found to be at fault in an accident.
A policyholder’s “total bodily injury,” also known as “bodily injury liability per accident,” is the highest amount of coverage available to pay for covered medical expenditures resulting from a single at-fault event. Your policy’s coverage limitations state the maximum you are responsible for financially in the event of an accident or injury.
