When you get down to specific elements of your insurance policy
like bodily injury liability limits, that's when things can get really confusing.
Not exact matches
If you totaled out a couple of cars, each worth $ 8,000, then the other parties would have at least $ 16,000 dollars worth of claims, exceeding your property damage
liability limits of $ 10,000 —
like the
injuries did with your
bodily injury coverage.
For drivers who would
like to be even more protected, the NYAIP offers optional higher
limits of
bodily injury liability up to $ 250,000 / $ 500,000 and up to $ 100,000 in property damage
liability.
Like liability insurance, UM / UIM
bodily injury coverage is purchased with
limits.
You should keep in mind that some covers are mandatory and although the state has set a minimum
limit you may need to opt for a higher
limit for
liabilities like property damage
liability and
bodily injury liability.