Does the insurance cover property I damage with my car?

Auto liability coverage pays for the damage if you are legally responsible for accidentally injuring someone, or for damaging another vehicle or other property in an auto accident.

Auto liability coverage falls into two categories:

  • Bodily Injury Liability – which covers medical expenses, pain and suffering, lost wages, and other special damages.
  • Property Damage Liability — which covers damaged property, and may include loss of use.

Liability coverage also pays legal defense and court costs.  State laws usually dictate the minimum amounts of insurance required, but higher amounts are available.

Source:  http://www.statefarm.com

Posted in Auto Insurance |

about financialfootprint

financialfootprint offers objective personalized financial solutions through financial education for young adults and college students. Here at financialfootprint, our members can connect online and meet with their own personal finance expert, view easy-to-read content, access knowledgeable resources (take a peek at what else our members have access to), and so much more.

We provide guidance and education on topics such as credit cards, budgeting, college financial planning for students, employee benefits, understanding student finances, employee benefits, and other personal finance topics. We also provide useful tools such as budgeting worksheets (check out "The bÜdg"), student loan calculator and other helpful apps.

Subscribe Now