How do I know what type of liability coverage to choose for a $6,000 car?

I just paid cash for a car ($6,000) and now I need to get insurance before I register it. What type of liability coverage do I need?

Answer
Liability coverage has plenty of different components. As a rule of thumb, you should get as much coverage as you can afford, or enough that you won’t be ruined financially if you cause an accident.
That means that state-minimum liability isn’t good enough. Instead, you should have a bare minimum of:
If you don’t have health insurance, you might also want to consider getting MedPay.
Keep in mind that you can raise your limits for only a little more money. But this should give you a basis to start from.”
avatar
Eric Schad
Answered on May 04, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.
Let Jerry’s experts help you find savings on your car insurance!
No long forms or spam · Get quotes from 40+ carriers
Find insurance savings (100% Free)
rating
4.7/5 Rating on App Store