Typically, leasing companies require $ 100,000 of
bodily injury liability coverage per person and $ 300,000 per accident, as well as $ 50,000 in property damage liability insurance.
All drivers are expected to have at least $ 25,000 of bodily
injury liability coverage for accidents involving just one person, and at least $ 50,000 for accidents that have multiple victims.
Considering the average hospital stay after an accident is around $ 60,000 it is probably a good idea to have a good amount of bodily
injury liability coverage on your policy.
This type of coverage helps you pay for medical costs for yourself, while bodily
injury liability coverage helps pay for medical costs of other people injured in an accident you caused.
Insurance companies typically allow you to purchase a maximum of $ 300,000 in bodily
injury liability coverage with a vehicle insurance policy, although some companies offer up to $ 500,000.
Body injury liability coverage will cover medical expenses, pain and suffering, lost wages, and other damages that you were ruled legally responsible for in an accident.
Your motorcycle policy's bodily
injury liability coverage typically protects you against liability for injuries to people other than your passengers from an accident you cause.
Similarly, people with more personal assets need better
personal injury liability coverage because the coverage in a home insurance policy falls short of the limits a person could sue you for.
This type of coverage helps you pay for medical costs for yourself, while bodily
injury liability coverage helps pay for medical costs of other people injured in an accident you caused.
Insurance companies typically allow you to purchase a maximum of $ 300,000 in bodily
injury liability coverage with a vehicle insurance policy, although some companies offer up to $ 500,000.
The Standard policy requires
bodily injury liability coverage of $ 15,000 per person and $ 30,000 per accident, plus $ 5,000 of property damage liability coverage.
Motorists must have at least $ 25,000 of bodily
injury liability coverage per person, per accident; $ 50,000 for all injuries in one accident; and $ 15,000 worth of property damage liability coverage.
All New York drivers need to purchase $ 25,000 per person up to $ 50,000 per accident of bodily
injury liability coverage as well as $ 10,000 of property damage protection.
Bodily
injury liability coverage protects you as a driver from the cost of paying for the other driver's medical care, rehabilitation, funeral expenses, and other associated costs resulting from injury or death in a car accident for which you are at fault.
As an example, this is what the inexperience surcharge for basic bodily
injury liability coverage looks like at one California car insurer during the first decade of driving:
Previous language in Delaware auto insurance laws defined an underinsured car as a car having bodily
injury liability coverage involved in crashes where its limits «total less than the limits provided» by the UIM coverage.
For the safety of your family and yourself it is a smart thing to consider more than just bodily
injury liability coverage when comparing Albany car insurance.
Similarly, the
personal injury liability coverage on your home is better off when it is backed up by an umbrella liability plan that gives you enough coverage to weather even a high - powered injury lawsuit.
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