What is the best liability coverage for car insurance?

The best liability coverage for most drivers is 100/300/100, which is $100,000 per person, $300,000 per accident in bodily injury liability and $100,000 per accident in property damage liability. You want to have full protection if you cause a significant amount of damage in an at-fault accident.

What is an example of liability coverage?

For example, if someone gets hurt on your company's premises and decides to sue you because it's alleged that the incident was due to your negligence, expenses arising from legal proceedings (defence or investigation costs) would be covered by your liability insurance.

What damage would be covered for liability insurance?

Property damage liability coverage is required by law in most states. It typically helps cover the cost of repairs if you are at fault for a car accident that damages another vehicle or property such as a fence or building front. Property damage liability coverage usually does not cover damage to your own vehicle.

Why do I need liability insurance?

Liability insurance is critical for those who are liable and at fault for injuries sustained by other people or in the event that the insured party damages someone else's property. As such, liability insurance is also called third-party insurance.

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