Liability-Bodily Injury and Property Damage Liability
The amount of liability coverage you select will affect the price you pay. The cost of liability coverage is affected by the amount of coverage you choose and the risk you present to an insurer, due to factors that include your driving record, your payment history, and how your vehicle is used. There are two kinds of liability coverage: Bodily Injury and Property Damage. Choosing lower limits will save money. Before making your selection, consider:
  • The value of your home, if you are the owner.
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  • The value of other assets you need to protect.
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  • Your current and future income.
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  • Your responsibilities to care for other family members.
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    If you do not own a home, have limited income and few assets to protect, you may want to consider the . With the Standard Policy, there are many factors to consider. If you own a home that is worth less than $100,000 you may want to consider liability limits of $100,000 or less.
    If you own a home worth more than $100,000, have other assets, and the prospect of higher future earnings, your insurance company or agent would likely recommend liability coverage of at least $100,000.