Sentences with phrase «selecting higher liability limits»
If you happen to have a substantial financial status or a good amount of assets, then you will want to ensure that you are selecting higher liability limits in order to protect your financial and assets should you happen to ever be liable for a motor vehicle accident.
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Assuming you select the highest payment limit on your auto liability policy, you would only need to have assets in excess of that limit, typically $ 300,000, to justify umbrella insurance coverage.
It's smart to select the highest auto insurance liability limits you can comfortably afford so you have adequate coverage if the unthinkable happens.