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Almost everyone knows that liability insurance is a required asset in Mississippi, but many still wonder, “What does liability insurance cover?” The auto liability insurance definition is certainly simple enough: This coverage protects other drivers, pedestrians, and property, in the event that you cause a collision. The amount of coverage and the type of payout will vary depending on what kind of plan you purchase, so find out more by reading on!
In practice, this type of insurance usually consists of two separate, but closely linked plans: One which pays out in the event of bodily injury, and another which pays out in the event that you cause property damage. What does liability coverage pay for? Consult the list below to find out.
Here’s what liability insurance covers:
One crucial part of the auto liability insurance definition bears repeating: Liability coverage protects the victims in an accident, not the person who causes the accident. If you want to protect yourself in these circumstances, you’ll need additional coverage for your drives around Jackson and Ridgeland.
If you ask an insurance representative the question “What does liability insurance cover?” There’s a good chance that you’ll here, “What are you willing to pay for?” as a response!How does liability insurance work? You’ll figure out how much coverage you can afford to buy, then decide between a split limits or a single limit. Here’s what you should know to get started:
Whether you decide to buy or lease, you should have a strong understanding of the in-and-outs of insurance coverage! Check out our other car buying tips to learn more,such as what comprehensive insurance covers or contact us to set up an appointment face-to-face! Are you gearing up to buy a new vehicle? Find out how car financing works today! We also have information on the Kia warranty.
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