Understanding what liability insurance covers, how it compares to other types of coverage, and finding the best rates can be overwhelming. Here, we answer some of the most common questions about liability-only auto insurance to help you make an informed decision.
What Does Liability-Only Auto Insurance Cover?
Liability-only insurance covers damages and injuries you cause to others in an accident.
This includes:
- Bodily Injury Liability (BIL): Covers medical expenses, lost wages, and legal fees for the other party if you’re at fault.
- Property Damage Liability (PDL): Pays for damage to another person’s vehicle or property.
This type of policy does not cover damage to your own vehicle. If you want coverage for personal vehicle repairs, you may need collision or comprehensive insurance.
Is Liability-Only Insurance Right for Me?
If you’re wondering, “Should I have liability only on my car?” consider the following factors:
Vehicle Value: If your car is older or has a low market value, paying for full coverage may not be cost-effective.
State Minimums: Most states require liability insurance, but the required auto liability limits vary.
Budget: If you’re looking for cheap auto insurance companies near me, liability-only coverage typically offers lower premiums compared to full coverage.
What Are Auto Liability Limits?
Your liability limits determine how much your policy will pay per accident.
Common limits are 25/50/25, meaning:
- $25,000 per person for bodily injury
- $50,000 per accident for bodily injury
- $25,000 for property damage
Higher limits provide better financial protection but may cost more.
Where Can I Find Affordable Liability-Only Auto Insurance?
If you’re searching for low car insurance companies, or local auto insurance agencies near me, working with an independent insurance agent can help you compare multiple providers.
HomeTown Insurance & Financial Services specializes in finding the best affordable car insurance based on your needs and budget.
Can New Drivers Get Very Cheap Car Insurance?
New drivers often face higher premiums, but choosing liability-only coverage can help keep costs lower.
To find very cheap car insurance for new drivers, consider:
- Maintaining a clean driving record
- Taking defensive driving courses
- Choosing a car with lower insurance risk
Get Expert Advice on Your Coverage Needs
Still unsure if liability-only insurance is the best choice for you?
HomeTown Insurance & Financial Services can help you compare your options and find the best auto insurance rates available.
Want to explore how liability compares to comprehensive coverage?
Check out our guide: Comprehensive vs. Liability-Only: What’s Best for You?
Contact HomeTown Insurance today to speak with an independent agent and get a customized auto insurance quote!
