This portion of the insurance policy covers damage to property caused by your car. Covered property includes such things as houses, buildings, fences, livestock, and any other property belonging to someone else.
The terms of coverage are expressed as “15/30/10.” Each number represents thousands and is the maximum the insurance company will pay. The first number is the amount paid for each person injured, the second number is for each accident, and the third number is for property damage.
The coverage for Property Damage Liability has a minimum limit of $15,000. In this state, there is the Tort system, and this means that someone has to be at fault causing the accident. Then that person and the insurance company that they have will be held responsible for the damages that occur as a result. When you have personal injury protection, this will assist with paying medical expenses that occur that are considered to be necessary and reasonable.
Property-Damage Liability Coverage is an excellent coverage within your car insurance policy and it is something that you should read up on.
The terms of coverage are expressed as “15/30/10.” Each number represents thousands and is the maximum the insurance company will pay. The first number is the amount paid for each person injured, the second number is for each accident, and the third number is for property damage.
The coverage for Property Damage Liability has a minimum limit of $15,000. In this state, there is the Tort system, and this means that someone has to be at fault causing the accident. Then that person and the insurance company that they have will be held responsible for the damages that occur as a result. When you have personal injury protection, this will assist with paying medical expenses that occur that are considered to be necessary and reasonable.
Property-Damage Liability Coverage is an excellent coverage within your car insurance policy and it is something that you should read up on.
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