WebBodily injury liability coverage is required in most states and is only one type of liability insurance. The other is property damage liability coverage, which pays for damage to other people’s property if you are found to be at fault. Key Things To Know About Bodily Injury Liability Insurance WebJul 11, 2024 · Bodily injury liability insurance usually has two separate coverage limits: a per-person limit and a per-accident limit. These limits are often shown as a series of …
What Is Liability Car Insurance and What Does It Cover
WebApr 6, 2024 · Remember that bodily injury liability is per person, while property damage liability is per accident. If you hit three people and three cars in the same accident, your insurance will cover up to $100,000 for the bodily injuries of the people you hit ($100,000 maximum) and only up to $50,000 for damages for all three cars. WebThese numbers represent how much you're covered for bodily injury per person ($25,000), bodily injury per accident ($50,000), and property damage per accident ($25,000). For … curt 7 pin trailer wiring diagram
How Much Car Insurance Do You Really Need? - MoneyGeek.com
WebBodily Injury liability coverage (BI coverage) Pays for costs associated to injuries for which you are legally liable. This means that your actions caused injury to another person and you were found legally responsible for those injuries. What type of bills does BI coverage pay? Medical expenses Pain and suffering Lost wages Web$100,000/$300,000 bodily injury liability and $50,000 property damage liability or not less than $500,000 combined property damage and bodily injury liability.12 1 S. … WebThe minimum limits of third-party bodily injury liability coverage mandated by New York's Vehicle and Traffic Law are: $25,000 for bodily injury (not resulting in death), or $50,000 for any injury resulting in death, sustained by any one person in any one accident; chase bank brickell miami