No,, Liability insurance is the minimum financial responsibility requirement in most states. Liability only is the cheapest way to go on your premiums but it only covers damage we do to another person or vehicle.
In order to cover a stolen vehicle you would have needed to purchase comprehensive coverage on your vehicle policy.
Sorry. I feel for you. But you are screwed. I had a 1995 Acura Legend stolen and only had liability on it (I dropped full coverage two months prior). It is without a doubt NOT covered.
Unfortunately, there is nothing you can do with your insurance company. If you only have liability insurance, they do not pay anything to have your vehicle replaced.
If you only carry liability insurance, that is all that the insurance company is liable for in this state.
It depends on the state, but at least where I live, the insurance of the stolen car pays for damages. Check it out with your insurance agent. He/she should be able to give you that information, even if your liability won't cover it.
Liability Insurance and the Stolen VehicleNo, Liability Insurance provides coverage for damages or injuries that we cause to others. It does not provide coverage for our own vehicle damages or theft.
The average Michigan car insurance rate for liability only policies is about $2000
When a car is borrowed (with permission) the insurance of the car owner is primary and the insurance of the driver is secondary. Here, the car owner has no coverage to pay for the damage to his/her own car, so the driver's liability insurance would cover the cost of the car. That is assuming the driver has liability insurance, if the driver doesn't have liability insurance, the car owner is stuck (unless he sues the driver).
Automobile Liability insurance, YES. Liability insurance, NO. There are many kinds of liability insurance.
Full coverage auto insurance covers everything. If the car is totaled they will will replace it. Liability auto insurance will only cover medical bills, and not the car if it is totaled.
You can purchase car liability insurance from the same company you get your regular car insurance from. If you are a new car insurance customer, ask your agent to add liability insurance to your plan.
If another person was at fault for the accident, you will need to go after their insurance company. If you are liability only, your insurance company will not pay for anything.
Depends on your state. Most states are 14 days and this is assuming your car insurance is up-to-date. Also, your coverage only matches the insurance on your other vehicle. If you are liability only, your new car will only be liability only.
Liability only covers the "other' car/property. So no the rental car would not be covered.