|
Property damage coverage is a
type of liability insurance coverage that takes effect when you are
legally responsible for an accident. It pays for the other party’s property
damages including car repairs, buildings, road signs, fences,
telephone poles, and other objects. Damages to your car are covered under the comprehensive and collision coverage in your auto insurance policy.
Most states require that drivers purchase a minimum amount of property
damage liability coverage. Liability amounts are usually written
as three numbers separated by slashes. The third number represents
the property damage liability maximum for one accident.
This coverage also helps pay your expenses in a related lawsuit.
Other type of liability insurance coverage is: Bodily
Injury Liability Coverage
Get a fast, free car insurance quote now!
|
