Not exact matches
We always advise people to have
enough liability protection to equal the total amount of assets they are currently holding or are likely to hold
in the future.
In other words, one year of premium from our most expensive insurer was
enough to pay two years» worth of most basic vehicle
liability protection from other companies.
You want adequate
protection for your property
in the event of disaster, and
enough liability to protect anyone else on your property.
Many insurance policies don't come with
enough liability protection, which is why an umbrella insurance policy can come
in handy for some extra insurance.
That kicks
in if another driver causes a wreck involving you but doesn't have any or
enough liability protection.
Make the most of your opportunity to get contents and
liability protection and b sure to carry
enough to handle any losses
in a claim.
For those concerned that there may be gaps
in your coverage, and that existing
liability limits might not be
enough, there is another layer of
protection available.
This
liability coverage is going to be present
in all TN policies, but it may not be
enough to give you the complete
protection that you need.
You must have
liability insurance, but the state also wants you to have
protection in case the other driver doesn't have
enough insurance.
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.
Personal umbrella
liability insurance can offer you big - time legal
protection relatively cheaply,
in case your existing policies aren't
enough.
Still, meeting only the minimum legal requirements may not provide your business with
enough financial
protection, especially since commercial
liability auto insurance only covers injuries and property damage suffered by others
in an accident you cause.
The personal property
protection is valuable
enough all by itself to make this insurance type an excellent value for the money, but add
in the
liability coverage and it really becomes a steal.
Additionally, the required amount of
liability damage and injury
protection required by most states is typically too low for all but the most basic accidents, so make sure that you have
enough liability coverage included
in your insurance quotes comparison.