Ensure that You’re Insured.
If an accident happens, having the right amount of insurance can benefit you personally, financially, and legally. Liability Coverage provides protection to you when you’re held responsible for a car accident which results in either bodily injuries to other drivers, passengers and /or pedestrians or damage to another person’s property.
If you become legally liable as a result of a collision, liability also helps to pay for legal defense costs if you get sued.
Components of Liability
There are two main components to Auto Liability: Bodily Injury and Property Damage liability.
- Bodily Injury Liability helps pay for the costs associated with another person’s injuries, including medical expenses, loss of income and pain and suffering.
- Property Damage Liability takes care of any expenses that arise from damage caused by you to another person’s vehicle or property.
If you’re involved in a serious auto accident, Liability Coverage can benefit you by providing critical protection against the loss of your home, savings, and income. Not only is having liability a good idea, but most states require that drivers have it in order to be legal on the road.
It’s important to have enough insurance to keep all of your assets protected and not all auto policies are the same. Contact a representative at Dan Yoest Insurance Agency today for more information about what Liability Coverage can do for you.