![]() In some states you can also buy uninsured motorist coverage that pays for damage to your own vehicle that was caused by an uninsured driver. Uninsured motorist coverage is required in some states. Uninsured motorist coverage: Uninsured motorist insurance pays medical expenses for you and your passengers if you’re injured in an accident involving an uninsured driver.Personal injury protection is required in some states. Personal injury protection: PIP insurance can pay for medical bills, rehabilitation, lost wages or funeral costs for you and your passengers, regardless of who caused the accident.Comprehensive coverage also pays for windshield repairs or replacement. Comprehensive coverage: Comprehensive insurance pays to repair or replace your vehicle if it’s stolen or is damaged by falling objects, fire, hail, floods, vandalism or other issues.Collision coverage: Collision insurance pays to repair or replace your vehicle following an accident with another vehicle or object, or a hit-and-run accident.What’s not in liability-only car insurance includes: Most importantly, it does not include any insurance for damage to your vehicle or injuries to you and your passengers. Liability-only car insurance does not include any optional car insurance types. $10,000 in property damage liability coverage per accident.$50,000 in bodily injury liability coverage per accident.$25,000 in bodily injury liability coverage per person.With liability-only car insurance with 25/50/10 limits, the policy has: How to Read Liability Car Insurance LimitsĬar insurance companies package together bodily injury and property damage liability limits using a format that looks like this: 25/50/10. Weight the costs and risks when considering liability vs. This type of insurance helps drivers meet the legal requirements in their states at the lowest possible cost, but it can also leave you financially vulnerable if you are in an accident that results in costly medical bills, property damage or both. Ultimately, this is the trade-off you make if you purchase liability-only car insurance. You could still be sued and lose assets that you own. If you cause an accident that causes damage beyond the limits of your policy, you are still personally liable for additional costs. If you’re shopping for car insurance, note that the limits of basic liability-only auto insurance policies may be insufficient in many types of auto accidents. Property damage liability insurance pays for repairs when you damage another person’s property, such as their vehicle or damage to a fence that you crush. You’re still responsible for accident-related bills that exceed your insurance policy limits. ![]() However, payouts only go up to your policy’s liability limits. Not only can this coverage pay for medical expenses, but it can also kick in to pay for legal bills if you’re sued following an accident. Bodily Injury Liability Coverageīodily injury liability insurance can pay for another person’s medical bills, plus their pain and suffering expenses and lost wages, if you are found at fault in an auto accident. ![]() Liability-only car insurance comes with two different varieties of insurance protection: bodily injury liability coverage and property damage liability coverage. Liability-Only Car Insurance Costs By Gender Average annual liability-only coverage cost ![]()
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