Why isn't your home and
auto liability coverage enough?
Not exact matches
Some
auto rental agencies will provide you with basic
liability coverage when you rent a car,
enough to get you by the state minimum requirements.
Standard homeowners and
auto insurance policies generally cover personal
liability, but you may not have
enough coverage to protect your income and assets in the event of a high - dollar judgment.
This
coverage protects insureds in the event they are involved in a crash with an at - fault driver who either doesn't have
auto insurance (as required by law) or doesn't have
enough auto insurance
liability coverage to cover the full cost of the plaintiff's injuries and damages.
If your
auto policy doesn't have
enough liability coverage, you could be sued personally.
Until recently it was not compulsory for drivers to purchase Janesville
auto insurance as long as they had
enough money in the bank; however, in June 2010, this regulation changed and now all drivers in Janesville and across Wisconsin must purchase at least
liability coverage.
NY
auto insurance
liability is so important, and it's critical you purchase
enough of this
coverage.
Often times,
liability auto coverage is sufficient
enough to comply with your state's minimum car insurance laws.
Most states have certain minimum
auto liability coverage amounts that must be met to comply with the law, but this
coverage alone may not be
enough to protect you in a car accident.
If you aren't sure that your Personal
Liability limits on your Home and Auto coverage are enough, in addition to upping your liability limits, you can also add an Umbrell
Liability limits on your Home and
Auto coverage are
enough, in addition to upping your
liability limits, you can also add an Umbrell
liability limits, you can also add an Umbrella policy.
The bottom line is that the typical personal
auto insurance policies that car insurance companies offer to individuals don't provide
enough coverage and have
liability limits that are too inadequate for business use.
While your underlying
auto, home and marine policies provide
liability protection, the
coverage may not be
enough should you face a catastrophic
liability claim.
One way is to purchase only the minimum
liability coverage required by law and think that that would provide
enough financial protection if you cause injuries in an accident, says Ron Moore, senior product manager for MetLife
Auto & Home in Minneapolis.
To make a long story short, when you consider that Arizona's base required insurance
coverages for Bodily
Liability and Property Damage are some of the lowest in the nation, it should be
enough to give even the most defensive driver reason for pause when shopping for
auto insurance in the Grand Canyon State.
Chances are you already have some form of
liability insurance, whether through your home,
auto or other policy, but sometimes that
coverage isn't
enough to protect you financially.