Most states require you to carry a minimum amount of liability coverage, and depending on what state you are in, you will be required to carry coverage for each driver instead of just the main driver. You will want to make sure that injuries are covered for yourself as well as passengers inside of the vehicle. There are also other insurance policies that can offer you a bit more coverage in the event of an accident, it just depends on what works best for you.
- Liability insurance is a must, most states require you to at least have liability insurance.
- Bodily injury liability covers your as well as anybody else that is in the vehicle during an accident.
- The minimum amounts of liability that you need to buy will vary by state and each amount covers a different amount.
“When you cause an accident that injures the other driver or his passengers, you can file a claim with your insurer to help pay the medical costs. The provider will only cover costs up to the limit of your bodily injury liability coverage. For example, if you submit a claim for $25,000 in medical expenses but you only carry $15,000 in coverage, you’ll need to cover the $10,000 gap using your own assets.”