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?
“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:
- 100/300/100 liability coverage
- 100/100 in uninsured/underinsured motorist coverage
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.”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
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
Read advice from car experts at Jerry
Browse by topics
What others are asking
When is a home deemed uninhabitable by insurance companies?
"I know my home insurance will cover temporary living expenses if my house becomes uninhabitable for some reason. But what I want to know is, how do insurance companies decide whether a home can or can't be occupied? "
Apr 09, 2021
How do I get insurance for a car loan if I don't have a car?
My bank said I need to show proof of car insurance to get a car loan. How do I get insurance without a car in the first place?
May 31, 2021
What is a good student discount with Nationwide?
How do I qualify for a good student discount? My mom said I may be eligible for this discount because of my grades.
Jul 23, 2021