Liability car insurance covers damage you cause to other vehicles and parties. ; Liability car insurance is required by state law, though specific requirements vary by state. ; To cover damages to your car, you need comprehensive, collision, or full coverage. ; Compare car insurance rates with Coverage.com.
What Is Liability Insurance? Liability insurance is an insurance product that provides... 2 Product liability insurance is for businesses that manufacture products for sale on the general...
Liability car insurance is a popular type of coverage that provides financial protection if you’re found legally responsible for an accident that results in injury, death, or property damage. Liability car insurance may also apply if someone else is driving your vehicle and is at fault for an accident. Most states require drivers to carry a minimum amount of liability coverage, although the amount varies from state to state. Looking for the most affordable liability coverage? Find out which insurers may our Cheapest Car Insurance rating. ...
Learn about liability car insurance and full-coverage car insurance, including the differences between them, what is covered by each, and what isn’t covered.
“Full coverage car insurance” is not an actual insurance industry term: There’s no standard definition of what it means. The fact is that no car insurance policy can protect you in every possible situation, as “full coverage” might seem to imply. In spite of this, the phrase “full coverage” is commonly used by insurance agents, car dealership sales associates, and vehicle financing company representatives. You might also see the phrase used online (in articles about insurance, for ...
Who needs liability insurance coverage? ; What does liability insurance cover? ; What liability insurance do I need? ; Business liability coverage ; Personal umbrella policy
Liability coverage is the minimum insurance you need to drive in most states. Learn how it could help pay for property damage and medical expenses, here.
Here are examples of when liability coverage comes into play: ; You’re looking at your navigation system and the rear end of the car in front of you. ; You swerve and accidentally hit someone else’s car. ; You mistakenly hit the gas instead of the brake and crash into a neighbor’s fence.
Liability insurance protects insureds against claims or lawsuits filed against them by other parties. It is often contained within other major types of insurance policies, such as auto, homeowners, and business owner’s policies (BOPs), but it can also be purchased as a separate policy in certain instances – like umbrella policies for additional liability coverage or general liability (GL) policies for businesses. Both businesses and individuals need this type of coverage to protect themselves from lawsuits filed by customers, other drivers, ...
Type of Car Insurance Coverage, Required or Optional ; Liability Coverage Bodily injury liability Property damage liability, Required ; Comprehensive Coverage, Optional (unless you lease or finance your vehicle) ; Collision Coverage, Optional (unless you lease or finance your vehicle) ; Medical Payments Coverage/Personal Injury Protection, Required in some states ; Uninsured and Underinsured Motorist Coverage, Required in some states ; Rental Reimbursement Coverage, Optional