What Does Liability Insurance Cover?

Liability insurance is required in most states by law, and consists of a two-part plan covering both property damage and bodily injury. Liability coverage extends from property damage to injuries to others and is useful if you, the Dayton driver, is at fault. Though these insurance coverages are distinct, both are required by law. Check out what liability coverage offers should you get into a vehicle accident in your new Chrysler, Dodge, Jeep, Ram near Springfield, then contact us for more information today!

How Does Liability Insurance Work?

While property damage and bodily injury fall into your standard overall liability coverage, each can carry their own predetermined limits. Though states set minimum limits, you can establish your own predetermined limits according to how much you’re comfortable with around Huber Heights and Tipp City. Liability insurance covers:

Property Damage

• Pets
• Vehicle damage
• Repair expenses
• General property damage (house, personal property, etc.)
• Necessary part replacement

Bodily Injury

• Any long-term nursing care that may be needed
• Medical and hospital bills
• Funeral expenses in the event of a fatal accident
• Lost earnings
• Pain and suffering
• Rehab

Remember that the crucial factor is that this liability coverage is for accident victims, not the at-fault driver. It’s also important to establish limits on your liability coverage that matches how much you can offer!

Liability Insurance Coverage Limits

When you establish your plan with your agent, it’s crucial to discover liability insurance coverage limits. Limits can be housed as a single limit or split. Here’s how liability insurance works:

• With a single liability insurance coverage limit, there are no total limits for each person. The liability insurance coverage limit lump sum will spread across all property damaged and injured parties.
• With a split liability insurance coverage limit, you’ll enjoy the opportunity to select individual maximum limits for bodily injury payments for each person, for all parties injured, and all property damaged.

Discover More About Insurance Coverage at New Carlisle Chrysler Jeep Dodge Ram!

Purchasing your next new or used vehicle means rapidly covering and comprehending all of your finance and auto insurance options. Ensure that you’re following your state’s guidelines while opting for the coverage that best meets your auto insurance needs. Visit us in New Carlisle or contact us online today with any additional questions!