1. Liability Coverage (Basic liability coverage meets the state’s financial responsibility requirement.) What it pays: The following expenses, up to your policy’s dollar limits, for the people in the other car involved in an accident that you or someone covered by your policy caused: medical and funeral costs, lost wages, and compensation for pain and suffering car repair or replacement costs car rental while the other driver’s car is being repaired punitive damages awarded by a court. Liability insurance also pays your attorney fees if someone sues you because of the accident. If you are arrested following an accident, liability insurance will pay up to $250 for bail.
Posted on: Tue, 08 Jul 2014 13:57:43 +0000