What is liability-only auto insurance?
I'm 16 and about to get my first car. It'll be 10 to 20 years old, based on what I can afford. My parents mentioned getting liability only on it as I can't afford much for insurance. I'm not sure what liability only is, though.
Answer provided by
Answered on May 07, 2021
“Liability coverage is one of the most common types of insurance. A liability-only policy covers other people’s vehicles, property, and medical expenses if you’re at fault in an accident. It does not provide any coverage for yourself or your vehicle.
Every state has different minimum car insurance requirements, but they typically all involve the same types of insurance. This includes bodily injury liability and property damage liability.
You should shop around and compare prices. Since you want to have suitable coverage if you are in an accident, you should try to find a carrier that can offer you the highest amount of liability coverage for a price you can afford.
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.
Browse by topics
What others are asking
What happens to a car loan if the borrower dies before paying it back?
My aunt is very ill and she may not make it. If she passes away, what will happen to her car loan? She still has about $5,500 left to pay off.
Apr 07, 2021
Can I add my name to my grandfather's car insurance policy to lower my premium?
I'm a male college student, 21, who's living alone. I've been paying for my own car insurance for the last year, but it's expensive. My question is: Can I have my name added to my grandfather's insurance policy to lower my premium? We live in the same state but in different cities.
Mar 12, 2021