BUSINESS

The other driver’s vehicle’s repair or replacement costs

As well as the costs of repairing any damaged structures like a fence or building, can be covered by property damage liability.

The minimum amount of bodily injury and property damage coverage that automobile owners are required to carry in each state varies. Three examples include:

If the costs of an accident exceed the limits of your auto insurance, your state’s minimum liability coverage may not be sufficient to protect you financially.

You can get help figuring out how much liability insurance you need from a licensed insurance agent.

Moreover, in no-shortcoming states, every drivers insurance agency pays for their insureds wounds, paying little mind to whos to blame.

You and your passengers’ medical bills are not covered by liability insurance, and neither are the costs of repairing or replacing your vehicle.

Also Read  Average Cost of Renters Insurance.

Leave a Reply

Your email address will not be published. Required fields are marked *