How Much Is Liability Insurance?

Generally, the cost of liability insurance depends on the policy you choose. The most common coverage is the 100/300/50 limit which means the insurer will pay up to $100,000 for injuries per person, $300,000 for injuries per accident, and $50,000 for property damage per accident. This coverage can cost $46 to $80 a month depending on the state and the amount of coverage you choose. Learn more about liability insurance below, then contact us to meet our staff and learn what kind of coverage you need in Paramus.

What Is Liability Insurance?

To drive your Land Rover in Ridgewood, your insurance must meet the state’s requirements. If it doesn’t, you could face fines or penalties if you get into an accident. Liability insurance is often the most basic insurance plan offered by insurers. It covers damage or injuries done to the other party in the event of an accident that you are responsible for. There are two different kinds of liability insurance, read about them below. 

• Bodily Injury Liability: Covers bodily harm to the other driver in an accident you caused. Having this insurance means the other person’s medical bills and pain and suffering are all covered. If you were to get sued, your defense and court costs would also be covered.
• Property Damage Liability: Covers the damage to the other person’s property and the loss of use of that property.

How Much Coverage Should You Have?

The amount of coverage you need in Jersey City depends on your state’s coverage requirements. If you want additional coverage for your vehicle or additional coverage for the other driver, there are other insurance options available. Although your premium may be higher each month, adding more coverage ensures that you’re better protected.

Get Covered With Land Rover Paramus!

Learn more about liability insurance, its costs, and the other finance and insurance coverage options available to you with Land Rover Paramus! When you’ve decided on the insurance plan you want, our staff will show you our new Land Rover inventory and take you on a test drive around Fort Lee.