A car insurance policy is made up of different pieces to protect you when you hit the road. While some of these coverages are optional, such as collision coverage and comprehensive protection — your state’s requirements may also prevent accidents from being a total disaster for those involved! These include bodily injury liability along with property damage. Let’s discuss what is bodily injury & property damage liability.
Bodily Injury & Property Damage Liability Definitions
This coverage is financial protection for persons. If you are at fault in an accident, bodily injury liability (BI) can help cover costs for medical expenses that are a result of your injuries to other drivers and passengers. Property damage responsibility insurance protects the things if you’re responsible in an incident such as their car or property like mailboxes, homes, fences, etc.
How Does Bodily Injury & Property Damage Liability Insurance Work?
Your bodily injury & property damage liability insurance are the core of your policy. If you’re in a wreck that injures someone or damages their car, these coverages protect you from paying upfront to take care of it if something goes wrong.
What Does Bodily Injury & Property Damage Liability Insurance Cover?
So what exactly will bodily injury & property damage liability insurance cover? As mentioned before, they help you pay expenses for damages to people’s property and people themselves. Below are some specific ways they help financially protect you.
Bodily Liability Insurance
Medical expenses. A key component of bodily injury liability insurance is that it helps cover costs associated with someone’s medical care after an accident you cause, such as emergency care or hospital charges. Suppose a person isn’t able to work due to the injuries sustained in the accident. In that case, this type of coverage may also provide lost wages for them and help cover legal fees from any lawsuit they face regarding their ordeal if found liable by law enforcement officials at fault for causing damages.
A bodily injury liability may compensate for the physical or emotional suffering of the person in an accident.
Funeral costs will also have to be covered if someone dies, and this coverage doesn’t help with medical expenses like your hospital bills, for example.
Property Damage Liability Insurance
Damages to vehicle. If you c make an accident and damage someone else’s car, they can sue for damages such as a smashed windshield or dented bumper! This could be a headache so make sure your insurance is up-to-date with property liability coverage on the policy if not already in place.
Damages to property. Sometimes car accidents take place that do not involve another vehicle. If you cause damage to someone else’s fence or mailbox, then the other driver is liable, and your insurance will help pay for repairs or replacement of damaged items in most cases (unless it was your fault).
Property damage liability covers damages from a third party. At the same time, comprehensive coverage helps protect against unforeseen events such as hail storms, vandalism, weather conditions (such as wind), etc. Still, it does not cover vehicular collisions that require collision coverage, which must be purchased separately if desired.
How much bodily injury and property damage coverage do I need?
Even if your state doesn’t require liability insurance, it’s a good idea to have at least $500,000 worth of coverage that includes both types of liability coverage—property damage and bodily injury.
Do I need Bodily Injury & Property Damage Liability?
Bodily injury liability insurance doesn’t cover car repair bills or damages to other property, like gates or fences. California drivers are needed by law to carry bodily and property damage insurance in addition to bodily liability coverage for their own protection against these outcomes.
What is the difference between bodily injury and property damage?
Bodily injury can cover injuries to others from the accident, such as medical expenses and lost wages. Property damage covers any property that is damaged in an incident like this one.
What does liability bodily injury cover?
Bodily injury liability coverage is a standard part of the auto insurance policy, and it covers medical bills, funeral expenses, lost wages, legal fees for others injured in accidents.