What Does Liability Insurance Cover?
If you own a new vehicle, depending on what state you live in, you will be required to have liability insurance. If you’re unfamiliar with the auto liability insurance definition, we’re here to help shed some light. If you’re in a car accident and are liable for the collision, your liability insurance will cover the other driver’s expenses. You may be asking, “What exactly does liability insurance cover?” Learn more about the details of liability insurance with Land Rover Princeton in Princeton as we prepare South Brunswick drivers to be covered while on the road!
How Does Liability Insurance Work?
When you begin the process of acquiring liability insurance, your policy will detail the bodily injury and property damage that the insurance will cover. Your state will dictate the minimum amount of liability coverage you’ll need to legally hold, but you always have the option of paying for an increased limit, which will increase the amount you pay. Wondering, “What does liability coverage pay for?” Check below for the types of expenses liability insurance covers:
Bodily injury:
- Medical and hospital bills
- Pain and suffering
- Lost earnings
- Long-term nursing care if needed
- Funeral expenses in the event of a fatal accident
- Rehab
Property damage:
- Repair expenses
- General property damage (house, personal property, etc.)
- Pets
- Replacement parts
- Vehicle damage
Keep in mind as you drive through Mount Laurel that liability insurance covers the expenses of the other driver — not your own expenses.
Limits On Your Liability Coverage
Check with your agent to see how much coverage is needed for your Hopewell travels. You can either split the limits or consolidate them into one limit. Here’s the difference between these two arrangements:
- Split Limit: You can customize individual maximums for bodily injury payments per person, for all people injured, and for the total property damage.
- Single Limit: There is no total limit per person so the lump sum is spread across the whole amount for those injured and all property damage.
Get Your Next Vehicle at Land Rover Princeton!
Visit Land Rover Princeton in Princeton to browse our brand-new Land Rover inventory or browse our pre-owned Land Rover inventory. If you’re looking to trade in your current vehicle, get a trade-in evaluation to find out how much your car will sell for. Our expertly trained sales professionals not only know the cars they’re selling but also take a unique interest in your situation and what’s best for you. If you’re ready to advance to a new level of car shopping, just contact us.
