If you are found at fault, your liability insurance will pay for the damage to property and the injury to others. The biggest concern you will have at that point will be the adequacy of your liability limits. Will you have enough to pay for everyone you hurt or the damage you caused?

Bodily Injury Liability

Suppose you hit an automobile or bus filled with passengers, a bicycle, or a pedestrian, and the investigation concludes you were at fault. In that case, you will be responsible for paying the medical, rehabilitation, loss of income, and other expenses of each person injured. The drama associated with the investigation could drag out for years and could cost you or your insurance company thousands of dollars in legal fees and investigation costs. Often, insurers will determine early in the process that the costs will far exceed the amount of coverage you purchased and offer the entire limit at once, absolving them of further responsibility. That leaves you scrambling to defend yourself, employing legal assistance out of your pocket, and watching as the remainder of your assets and future earnings are put at risk.

Property Damage Liability

If you have the misfortune of crashing into something, causing damage to the property of others, then your auto insurance company will pay for the cost of repairing or replacing the object you destroyed. But, what if you don't have enough Property Damage Liability benefit in your policy to cover the extent of damage? All you own and your future earnings could be attached to the claim. The insurance company should inform you early in the investigation if it believes the threshold will be surpassed.

Please discuss your liability coverage with us. This aspect of your policy might be the most important of all. You could lose everything you have if your limits aren’t high enough. If you are already involved in a liability claim, we can help you get the status answers you need.