Auto Insurance 100 300 Vs 250 500

This would give you coverage of 100 000 per person for a total of 300 000 per incident as we discussed.

Auto insurance 100 300 vs 250 500. After all you re on the hook for whatever your insurance company doesn t pay. The 100 300 in 100 300 auto insurance refers to the bodily injury liability limits in thousands of a policy. I know now that you can do much more property damage than just a car. You may also find an entirely different kind of common and very nasty mistake.

Someone with 100 300 50 actually has 300 000 in bodily injury coverage and an added 50 000 in property damage liability coverage. The difference between 100 300 and 250 500 is nominal. Minimum liability insurance limits by state. For a quick car insurance quote with 100 300 100 limits up to 500 1mil 500 give us a call.

Get insurance quotes online or contact an independent agent to ensure you re at the proper coverage level to protect your assets in the event of an accident. I see the point about item 5 as this is personal liability those lawyers are hungry sad fact of life plus this is required anyway for the umbrella insurance we re going to subscribe to. The 100 means that the policy will cover up to 100 000 of bodily injury sustained by a single person injured in an accident and the 300 means that it will cover up to 300 000 total for bodily injury per accident. Depending on the chosen program you can partially or completely protect yourself from unforeseen expenses.

Your umbrella policy will require you to carry the maximum underlying liability limits for your auto 250 500 100. Decades ago i used to think well i only needed 25 50 because the worst i could do is total someone s 40k car. 250 500 at the gut level. The cost for this type of policy is usually under 300 per year at 1 000 000.

The other day in this area a car crashed into a house and started the house on fire. I suggest to my clients that they carry liability limits of at least 100 300. However i normally recommend either 250 500 or a single limit of 500 000. Siamond wrote our auto insurer is insisting close to renewal time that we increase the bodily injury coverage item 3 uninsured item 5 others item 12 underinsured from 100 300 to 250 500.

If you live in or near joliet aurora or chicago il click for an online car or sr 22 insurance quote. And if the accident insurance event occurs the insurance company will bear all or all of the costs in full or in part. The insurance industry s recommended coverage amount is 100 300. You may find you are paying for some of your auto insurance coverage twice.