What is Bodily Injury Liability Coverage?
When you are found legally responsible for a car accident, bodily injury liability coverage is the part of your insurance policy that pays for the costs associated with injuries to the other person or people involved. This coverage also provides a legal defense in the event that you are sued for damages.
What Does Bodily Injury Liability Cover?
- Medical expenses
- Legal fees
- Loss of income
- Pain and suffering
- Funeral costs
How is Bodily Injury Liability Structured?
Bodily injury liability limits are typically displayed as two dollar amounts next to each other, for example: $50,000/$100,000.
- The first dollar amount ($50,000) represents the coverage limit for damages if only one person is injured in an accident. In this example, you would be covered for damages up to this amount. However, if the damages to this person exceeded $50,000, you would be responsible for covering what remains.
- The second dollar amount ($100,000) represents the coverage limit for the total amount of damages if more than one person is injured. If the damages exceed this amount, you would be responsible for covering what remains.
The Benefits of Additional Bodily Injury Liability Coverage
Most states require a minimum amount of bodily injury liability insurance, but this may not be enough to cover the total amount of damages you may be responsible for paying. Purchasing a higher limit of bodily injury liability insurance will further protect your assets and future earnings against the risk of a large financial loss.
Pearson & Company Insurance can show you the level of bodily injury liability coverage that's just right for your unique situation when you start a free quote.