If you are thinking of getting gap insurance, you are probably considering other auto insurance like liability insurance and wondering “How much is liability insurance?” That will usually depend on which policy you opt for and what liability insurance rates are included. Drivers who want one that goes above the state’s legal requirements often choose the 100/300/50 limits (insurer will pay up to $100,000 for injuries per person, $300,000 for injuries per accident, and $50,000 for property damage per accident). To break it down, you will be paying anything from $46 to $80 a month depending on which state you reside in and what amount of coverage you pick. Find out more about how much liability insurance costs below!

 

Before finding out how much liability cost, you should know what it covers. Liability insurance covers the damage of the injured driver in an accident that the insurer caused. If you want to go into the specifics, there are two types of coverage:

• Bodily Injury Liability: This covers bodily harm to the other driver near Woodway, including medical bills as well as pain and suffering. Your defense and court costs will also fall under this insurance if you were sued.
• Property Damage Liability: Property damage liability covers damage to the other person’s property as well as the loss of use of that property.

There is a minimum amount that you are required to get legally, which depends on the state you live in. However, you can always get more coverage, which will lead the answer to “How much does liability insurance cost?” to be a higher amount. With more coverage in Hewitt, you will be in a better position in case an accident happens. Be sure to shop around and find the best liability insurance rates you can get near Waco!

Now that you have a general idea of how much liability insurance is, let the finance experts at Douglass Nissan of Waco help you find the perfect auto insurance plan in the McGregor area! Contact us to get started now.