These claims can quickly reach hundreds of thousands of dollars and more, so it's a good idea to
get the highest liability limits you can afford, especially if you own multiple properties.
Not exact matches
There is a
limit to how large the
liabilities of the banking system can
get relative to the Fed's stock of
high - powered money.
It is a cheaper way to
get more protection against uninsured motorists without having to buy
higher liability limits for yourself.
You may
get a better deal on your Alaska car insurance if your past
liability limits were
higher than the minimum.
If you opt for bodily injury
liability coverage with
limits that are 50/100 or
higher, then you can also
get added personal injury protection.
About 25 % of consumers surveyed planned to buy less coverage either by
getting higher deductibles or lower
limits of
liability.
If you had
higher liability limits in your past, they consider you less of a risk and therefore you
get a lower rate.
There are
limits associated with each
liability coverage and it is always recommended that you protect yourself to the fullest by
getting the
highest limits you can afford.
In addition to
getting higher limits of required forms of
liability coverage, you can purchase optional coverage to further protect yourself from financial loss.
Although it is more expensive to purchase, you
get better coverage:
higher liability limits plus comprehensive, collision, insured and uninsured motorist coverages.
Every homeowners policy comes with at least $ 100,000 in
liability coverage for bodily and property damages — though we recommend most homeowners
get higher limits.
Also, some states forbid you to have UM / UIM coverage
limits higher than those of your
liability insurance if you do not
get stacked coverage.
This means you
get a
higher monetary
limit of protection from your
liability plan.