How to Determine Car Insurance Liability Limits

Auto insurance, bodily injury and property damage liability coverages protect you if you injure someone or damage or destrLearn the minimum liability limits required by your state. Determine your assets. Insurance is meant to protect what can be lost in a lawsuit. Think about the ages of the drivers in your household. Youthful drivers have more accidents resulting in lawsuits. Realize you share liability for your children until they reach a specific age. Consider your profession. If you work in the public eye or if you work in a profession perceived to have high income, you're likely to face larger lawsuits. Step6Understand that numerous cars on the road are worth more than the $25,000 property damage limits afforded by a basic policy. Realize that you may be liable for damage to more than one vehicle if you cause a chain reaction accident.oy someone's property.