What Does Liability Insurance Cover?
Edmonton drivers commonly ask us questions like, “What does liability insurance cover?” and “What does liability cover pay for?”. Often required by law in most states, auto liability insurance covers bodily injury and property damage. An auto liability insurance definition can be thought of as covering expenses from injuries to other people or property damage if you, the Grand Prairie driver, are found at fault. So, how does liability insurance work? Find out below with the Southview Acura finance team. Then, contact Southview Acura to explore your insurance options!
How Does Liability Insurance Work?
Bodily injury and property damage are a part of liability coverage, but they have their own set limits. Though there are minimum limits set by the state, you can designate how liability insurance is divided between any injured parties in the other vehicle. For Sherwood Park drivers wondering, “What does liability insurance cover?”, liability insurance covers the following bodily injury and property damage:
Auto Liability Insurance Definition: Bodily Injury
- Medical and hospital expenses
- Long-term nursing care
- Funeral expenses
- Rehab
- Pain and suffering
- Lost earnings
Auto Liability Insurance Definition: Property Damage
- Repair expenses
- Part replacement
- Vehicle damage
- General property damage (house, personal property, etc.)
- Pets
What Does Liability Coverage Pay For?
Drivers wondering, “What does liability coverage pay for,” are often not informed about limits. When finalizing the details of your plan, be sure to confirm set coverage limits. If you’re unsure of what coverage limits are, there are two types:
- A split limit allows you to select individual maximums for bodily injury payments per person, for all parties injured, including property damage.
- With a single limit, there is no total limit per person. The lump sum will simply be spread across all those injured and all property damaged.
Southview Acura is here to help!
Now that we have answered, “What does liability insurance cover?”, be sure to stop by our dealership to speak with our team about any other questions that you may have about the car buying process. Purchasing a new car does not have to be complicated, and our sales specialists make the process smoother! Contact us today for more information!