What Does Liability Insurance Cover?

Auto liability insurance is a two-fold plan that covers bodily injury and property damage. It’s also required by law in most states. This covers expenses from injuries to other people or property damage if you, the Buffalo driver, are at fault. So, what does liability coverage pay for? Learn more about the coverage, the benefits to you, and more including what guaranteed financing means with Joe Basil Chevrolet today!

How Does Liability Insurance Work?

Though both bodily injury and property damage fall into your overall liability coverage, each can create their own set limits. There are minimum limits set by the state, but you can also set your own limits a bit higher than what’s required based on how much you’re comfortable with. Liability insurance covers the following:

• Bodily Injury

• • Medical and hospital bills
  • Any long-term nursing care that may be needed
  • Funeral expenses in the event of a fatal accident
  • Rehab
  • Pain and suffering
  • Lost earnings

• Property Damage

• • Repair expenses
  • Necessary part replacement
  • Vehicle damage
  • General property damage (house, personal property, etc.)
  • Pets

The key factor is that this coverage is for the victim of the accident, not the driver at fault. Be sure to set the proper limits on your liability coverage that will align with how much you’re able to offer.

Liability Coverage Limits

When setting up your plan with your Cheektowaga agent, you’ll have to discuss coverage limits. Limits can either be split, or housed as a single limit. Here’s how that works:

• A split limit will allow you to select individual maximums for bodily injury payments per person, for all people injured, and all 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

Learn More About Insurance Coverage at Joe Basil Chevrolet

This is an important aspect to keep in mind when buying a new or used vehicle from Joe Basil Chevrolet. Make sure you at least purchase the minimum coverage required by state and add on more if needed. Not sure what that is? Come in and speak with our finance department. We can help you determine the best type of coverage for you. If you have any questions about financing, if you can lease a car with bad credit, how to finance a car with no credit, what is good mileage on a used car, the Chevy Silverado towing capacity, Chevy Equinox trim levels, want to learn how to get car financing with a bad credit score, find the differences between gas and diesel trucks, or more, visit us in Depew or simply contact us online.