Analysts suggest amounts of $ 100,000 coverage
for personal injury liability protection, $ 300,000 coverage against bodily injury to others, and at least $ 50,000 to cover the cost of property damage.
Thus, it is wise to understand your own financial situation and purchase a car insurance policy that offers enough
personal injury liability coverage to protect your assets and financial security.
If a driver owes money for bodily injury and legal fees, but does not have adequate
personal injury liability insurance, his or her assets and financial well - being are directly threatened.
State law mandates coverage of $ 20,000
in personal injury liability for a single individual, $ 40,000 for all individuals in an accident and $ 15,000 in property damage liability.
If you use your RV for commercial purposes, rates will be even higher because you will face increased risk of property damage and
personal injury liability claims.
A personal injury attorney specializes in personal injury laws and in representing or defending people or business entities involved in
personal injury liability lawsuits, settlements or negotiations.
The auto insurance coverage offered
by personal injury liability can vary between insurance companies and driver situations and preferences.
The minimum amounts of property damage and
personal injury liability vary from state to state, but all states require auto insurance in one form or another.
In order to purchase liability insurance for yourself and your passengers, you need to look
into personal injury liability that pays out similar to bodily injury.
Personal injury liability pays for injuries that other people suffer while on your property, but it may not be enough, especially if you are sued as a consequence of the injury.
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.
Experts recommend coverage amounts of $ 100,000 for
personal injury liability protection, $ 300,000 coverage against bodily injury to others, and at least $ 50,000 to cover the cost of property damage.
State law requires liability coverage of $ 20,000
in personal injury liability for a single individual, $ 40,000 for all individuals in an accident and $ 15,000 in property damage liability.
Without any or
adequate personal injury liability protection, a driver may not be within the legal driving requirements and / or may risk losing vast amounts of money and assets.
Along
with personal injury liability protection, property damage protection makes up the statewide required portion of every CO driver's auto insurance policy.
It comes with a caveat that the terms reflect continued revenue increases to the district from the state and rising costs for health and welfare plans that the district says costs $ 17,134 per employee, as well as «tens of millions in
personal injury liability arising out of child abuse incidents.»
Mr. Satcher's civil litigation practice includes experience in professional liability,
general personal injury liability, trucking litigation and products liability.
Even if the tenant is responsible for snow removal under a legal lease provision, the landlord could still
face personal injury liability for slip and falls on snow and ice under the SJC ruling.
It is important to know that
personal injury liability does not cover injuries to the car insurance policy holder, nor other people that are under the same auto insurance coverage plan (such as family members).
The first one takes care of the damages of the properties of the other party after the accident thus it is called property damage liability while the other one covers the bodily injury caused by the accident to the other party which is
called personal injury liability.
While personal injury liability is part of the standard policy, it may not be sufficient to protect you if a neighbor's child or pet accidentally drowns in your pool and you are sued as a consequence.
In particular, dog bites are behind 1/3
of personal injury liability claims, so you should increase your liability limits from $ 100,000 to $ 300,000 if you have a dog, particularly if it is a breed that is known to be aggressive.
In others, you are required to augment it
with personal injury liability or uninsured motorist liability, which takes care of your own medical expenses and bills for repairs or replacement of your car.
PERSONAL INJURY LIABILITY COVERAGE - Protects against false arrest, detention, or malicious prosecution; libel, slander, defamation, violation of privacy, wrongful eviction, and wrongful entry
Since renters insurance liability covers your kids,
the personal injury liability endorsement would apply to them as well.
Drunk driving is not the only basis of
personal injury liability.