What Is Liability Coverage in Auto Insurance?
Liability coverage is an important insurance protection. Bodily injury and property damage liability coverages provide compensation for injuries to others, and for the damage your vehicle does to another person’s property if you cause an accident.
What Does Liability Car Insurance Cover?
If you are found responsible for causing damages as a result of an accident, this coverage may pay up to the limit you select, and it can provide for a legal defense if you’re sued.
Liability coverage pays for both property damage you caused to another’s property, as well as any bodily injury caused to others as a result of the accident. The following expenses are among the types of damages that may be considered:
- Hospital and medical bills
- Lost wages
- Pain and suffering
- Rehabilitation services
- In-home healthcare services
Liability coverage provides important protection for drivers and most states require drivers carry a minimum amount of liability insurance. Most states require drivers to carry auto liability insurance.
To learn more about auto liability insurance coverage types, contact your local independent agent or Travelers representative and ask about the auto liability insurance that’s right for you.
>>SPEAKER: Bodily injury liability coverage - you might have heard of it but what is it?
Picture this, you're driving to work, on the way you get into an accident with another car carrying three people. Unfortunately, all of them are injured. That's what bodily injury liability coverage is for.
If any of the injured people sue you, your coverage provides for a couple of key things.
One - your legal defense. And two if you're found responsible for damages up to the policy limit. here's another important thing to keep in mind. If you're found liable for an accident, your net worth could be at risk. The more assets you have, more coverage you may want.
For additional liability protection, look into getting an umbrella policy.
For more answers, go to Travelers.com.
What Is Bodily Injury Liability and What Does It Cover?
Bodily injury liability insurance typically covers the costs associated with injuries you caused to other people, up to your policy limit, in a covered accident. Coverage can also pay for a legal defense if you’re sued for that accident.
>>SPEAKER: Property damage liability coverage - you might have heard of it but what is it?
Picture this, you're driving to the store, on the way you accidentally rear-end a stopped car at an intersection. Nobody is injured but the other car is damaged. That's what property damage liability coverage is for - your coverage provides for a couple of key things:
One, damages to the other person's car, if you're responsible for the accident up to your policy limit and two, to your legal defense.
If the owner of the other vehicle sues you, here's another important thing to keep in mind if you're found liable for an accident. Your net worth could be at risk. The more assets you have, the more coverage you may want.
For additional liability protection, consider an umbrella policy.
For more answers, go to travelers.com
What Is Property Damage Liability and What Does It Cover?
Property damage liability coverage is insurance that pays for the damage you cause to other’s property, including vehicles, in a covered accident.
Your local independent agent or Travelers representative can help you understand your state requirements and select the amount of liability coverage that’s right for you. Contact your Travelers representative to get a car insurance quote.