Motor vehicle liability insurance helps pay for the cost of property damage and medical injuries to another driver following an accident in that you are at fault.
Bodily
injury liability pays
for the injuries of others resulting from an accident for which you are at
fault.
Property damage liability applies when someone else's property or a vehicle is damaged in an accident for which you are at fault. Except for New Hampshire and
Virginia, all states want you to have minimum amounts of liability insurance.Most
states want you to have at least a minimum level of liability
coverage.
Minimum coverage can be as low as $10,000 in personal liability insurance and $10,000 in property damage insurance, like in Florida, although most states have at least twice that minimum coverage
What does it cover?
Bodily injury liability covers the following for those you injure in an accident that’s your fault;
Medical expenses.
Funeral
expenses.
Loss of income.
Pain and
suffering.
Legal defense if a lawsuit results from the auto accident.
Property
damage liability covers;
The damage you cause to another driver’s car,
Damage
to another’s property, such as fences.
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