Insurance
Auto Insurance
Liability Insurance

How much auto insurance liability is necessary?

353637

Top Answer
User Avatar
Wiki User
2007-07-06 23:27:34
2007-07-06 23:27:34

The limits vary by state. Where are you?

1
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions

User Avatar

In the year 1981, I paid $150 dollars a year for auto liability insurance.

User Avatar

Auto liability insurance varies from state to state. You might want to check with a local agent or try a web search within your state.

User Avatar

It depends on how much coverage you need, what kind of liability (General Liability? Employer's Liability? Auto Liability? Professional Liability?...) & what deductibles, if any, your claims experience, your work experience, who the insurance company is and the way their coverage forms read, their overall claims experience for companies like yours, and where you are located & operate. Your insurance agent can help you with specific quotes. Please note that in general, insurance is always based on these kinds of factors so it's hard to give a ballpark estimate for ANY kind of insurance.

User Avatar

It depends on your driving record. I recommend you this site where you can compare quotes from different companies: mycheapinsurance.net

User Avatar

The most affordable insurance plan through Geico auto insurance would be that of liability insurance, however, State laws may require some higher from of insurance. Check individual state laws to ensure you are properly insured.

User Avatar

After an automobile accident the automobile insurance carrier will usually raise the rates of the liability 7-10% depending on the severity of the accident.

User Avatar

Many, many factors are involved in figuring auto insurance. I have one company that uses 44 different rating factors to calculate auto insurance. It used to be simply: driver age, married or single, zip code, vehicle information, deductibles, limits of liability, and that was about all.

User Avatar

Since Sr22 Insurance is actually just Auto Insurance. The answer is that it costs the same as an Auto Insurance policy would.

User Avatar

Most of the time you need about 500,000 liability policy.

User Avatar

You will need the basic liability insurance. This means that you will be covered for the other person's car if you are in fact responsible for the accident.

User Avatar

Even if you do not own a car, you still need insurance protection if you drive one. The auto you borrow, rent, or use may have proper insurance coverage, but you also should protect yourself with personal liability protection. Here is how to get it: Ask for the cost of higher liability coverage based on the assets you own and your projections of future income to be protected. For your protection, consider purchasing as much liability insurance coverage as you can afford Ask the insurance company or agent about your state's minimum liability coverage rules. States differ in the minimum liability insurance coverage they require. Analyze your assets, including home, furniture, art, clothing, computer, electronics, and all other personal assets. Get quotes for liability insurance only. Estimate your future income. This is important because, like life insurance, you want to protect your future income as much as possible. This calculation often results in a larger amount than all of your personal assets. I wish you the best

User Avatar

All auto insurance are pretty much the same. I would think that depending on type of insurance you are getting, they are pretty much the same,

User Avatar

How much increase auto insurance after claim

User Avatar

That's up to Kmart. They can carry as much or as little coverage as they choose. There is no law that requires them to carry liability insurance at all.

User Avatar

Rates cannot be given on a forum like this. There are far too many factors that go into rating auto insurance to give quotes on something like this answer forum. I represent companies that have as many as 88 factors in coming up with their rates on auto policies.

User Avatar

An ins. co will insure you for pertty much anything as well as protect you for any liability issues due to contractual obligations. The answer is, yes!

User Avatar

It depends on your record and who your insurance company is.

User Avatar

It's impossible to say exactly how much you will pay for auto insurance in Los Angeles. In my experience, the annual premium on a policy will run from $750 - $1,500 for one late-model, mid-priced vehicle (purchase price new of $25,000). Since California requires liability insurance, you will have to buy both collision and liability. To compensate you if your car is stolen, you want to buy "comprehensive coverage."

User Avatar

Amount of liability insuranceYou should get enough general liability insurance to cover your net worth or your perceived potential liabilities. If you're involved in high-risk activities, you might consider even more insurance.

User Avatar

A contractor buys Commercial General liability insurance in the appropriate contractor class, not professional liability. The amount needed is determined by the exposures presented or the amount specified by the employer.

User Avatar

Call around your local auto insurance companies or do a search online...

User Avatar

need to insurance quotes on pertaining to my question of how mmuch is physical liability insurance for a small self-defense gym

User Avatar

What is required by law. Usually its liability you have to have. It varies by state how much your required to carry.Answer-You should have good credit score and financial stability ( working in a concern for a long time)

User Avatar

Personal liability insurance is important standard homeowners and auto insurance policies do not cover claims against individuals that result from catastrophic situations or in legal decisions. Without this kind of insurance, every individual can encounter serious financial harm if they are ever found to be responsible for extreme injury or property loss. Most insurance agents have the ability to write policies for personal liability, so does he are interested in this type of coverage should ask the agent next as they review their policy. Before purchasing separate personal liability, the insured person should first make sure they have as much personal liability coverage through their automobile and homeowners insurance policies.

User Avatar

All commercial carriers must maintain a minimum of $1,000,000 in liability insurance.


Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.