kellyfrost
Expert
- 34
I know most, if not all, states require a minimum of property damage liability insurance that must be carried by drivers; however, it is certainly a smarter decision to carry more than the minimum requirements if you can afford them.
What is a typical amount purchased by someone wanting to buy more than the minimum required? $50k? $75k? $100k? Do any companies offer more than 100k or do they want you to purchase an umbrella policy at that point?
Here are my coverages, just want to make sure my property damage liability is sufficient and in line with my other coverage levels and not deficient.
Bodily Inj: 250/500
Prop. Damage Liab: 100
Medical Payments: 5k
UM: 250/500
UIM: 250/500
Comp - purchased
Collision: purchased
Roadside Assistance/ Rental Expense: purchased.
What is a typical amount purchased by someone wanting to buy more than the minimum required? $50k? $75k? $100k? Do any companies offer more than 100k or do they want you to purchase an umbrella policy at that point?
Here are my coverages, just want to make sure my property damage liability is sufficient and in line with my other coverage levels and not deficient.
Bodily Inj: 250/500
Prop. Damage Liab: 100
Medical Payments: 5k
UM: 250/500
UIM: 250/500
Comp - purchased
Collision: purchased
Roadside Assistance/ Rental Expense: purchased.