Liability Only Auto Insurance
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Applying for “Liability only” coverage is one way you can go to get the lowest insurance rate possible. If you want to easily compare liability insurance rates, click below.
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Choosing between liability only and a fully covered insurance policy:
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If you drive a car worth less than a few thousand, this may be the best coverage to go with. This also will depend on your driving record. If your 45 with a perfect driving record, full coverage costs increase may be minimal and worth the added expense. If your 18 with a reputation for sometimes pushing the performance of that rusty tuned truck, full coverage may be best for you. If you choose to go with liability you may want to increase the liability limits. I’ve seen state minimum liability limits as low as 30,000.
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Paying attention to liability limits:
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Now say one day your pushing it your best to get to work on time. Your driving your truck behind a slow driving geo. You check your blind side to pass at the same time the driver of the geo hits the breaks to avoid a water buffalo crossing the road. What happens? It crosses to safety and you ram the trunk of the car into the back seat. The driver gets away with only $30,000 medical fees. What happens if the driver happens to be a business owner who had to take a month off of work due to injurys. With your coverage spent this can become a serious problem. This is something to think about when deciding liability limits as well as your focus on driving safely. As you well know liability will only cover the car and person you hit. Losing your car and credit can happen at any moment your focus is distracted. Be careful out there and good luck.
