Auto liability insurance may help cover costs you may be liable for following an accident. Purchasing auto liability coverage can offer you financial assistance in the event that you are found liable for a vehicle-related incident. The two forms of liability coverage offered are:
Bodily injury liability pays for medical expenses caused by an incident for which you are found at fault. If you or others listed on your policy were to injure a third party with your vehicle, it would be covered under your bodily injury liability coverage. Not only does bodily injury liability cover medical expenses, it can also help cover lost wages of the injured party.
Property damage liability is similar to bodily injury liability and will assist you in paying for repair or replacement costs if you or someone on your policy collide with another person’s vehicle or property or your property. Florida requires drivers to carry minimum amounts of property damage liability insurance.
Auto liability insurance may also cover lawyers’ bills or court fees if you’re sued after an accident. This coverage typically pays the maximum amount specified in your policy or limits. You’re responsible for the remaining amount if accident damage surpasses your limits.