Your basic auto insurance policy covers property damage to other people's property, not yours. (insuranceopedia.com)
Liability coverage is meant to pay for damages to the other vehicle in an accident where you are ruled to be at fault. (usacoverage.com)
Liability insurance provides coverage against a claim or lawsuit resulting from bodily injury or property damage to others caused by an accident while on the policyholder's property. (naic.org)