Property damage liability car insurance will cover the individuals car and property that you hit. It will not cover anything to do with your vehicle if the accident is your fault.
This means that if the accident was your fault, your insurance will pay(up to an amount that is on your policy) for the other property and persons involved in the accident. Liability insurance does NOT cover your vehicle damage.
Property damage liability is the coverage section of your liability auto insurance that will pay for physical damage to the vehicle or other property of another person if you are At Fault in an auto accident. This coverage would pay for repairs of the person's car or whatever else is damaged.
Property damage liability is the coverage section of your liability auto insurance that will pay for physical damage to the vehicle or other property of another person if you are at fault in an auto accident. This coverage would pay for repairs of the person's car or whatever else is damaged.
No.
Public Liability and Property Damage insurance. Bascially liability insurance.
Limited liability insurance covers bodily injury liability like paying for medical expenses or lost wages when an accident occurs or property damage liability which takes care of damages to property and attorney and settlement when one is sued.
No. You must at least have liability insurance bodily injury liability limit of $15,000 per person, $30,000 per accident, and $5,000 property damage limit.
Property damage liability insurance is to cover the damage you may cause to someone else's property. Different states have different car insurance requirements and regulations. Further, some people get larger property liability insurance coverage than the minimum requirements.
Propety Damage covers you if you damage someone elses property. Liability covers you in the event of a lawsuit.
Liability coverage (often simply called "liability") protects you from damage you do to others or to property in an accident. Some level of auto liability insurance coverage is required in all 50 states - get info for your state's auto liability insurance coverage requirements here.
Your own liability insurance will never pay for the damage to your property or for your medical expenses. Your collision insurance pays for damage to your property, if it is your fault. Your Uninsured Motorist Insurance or Underinsured Motorist Insurance pays for damage to your property if caused by someone else who is uninsured or under-insured. Your liability insurance will pay for the damage to someone else's property or for someone else's medical expenses, if it is your fault. Someone else's liability insurance will pay for the damage to your property or for your medical expenses, if it is their fault.
Property damage liability coverage is a type of auto liability insurance that covers the policyholder in the event that they cause an accident and are found to be at fault. It provides financial protection for the policyholder in the event that they are sued by the other driver(s) or other party involved in the accident for damages to their property. It pays for the repair or replacement of the other driver's vehicle or other property that was damaged in the accident, such as a fence or a building. It does not cover any damages to the policyholder's own vehicle. It is mandatory in most states and is typically included as part of a standard liability insurance policy.