Liability Current Rates, News & Information
Insurance for Salvaged Vehicles
Posted in Auto Insurance , Liability
January 30th, 2009
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Consumers looking for bargain basement prices on vehicles may opt to purchase a salvaged vehicle. Many times these vehicles are rebuilt or repaired by the insurance companies who have received the title after paying off a claim to the original owner. If you are considering buying a salvaged vehicle, there are some things to be wary of, including securinginsurance for these previously damaged vehicles. 
Liability Insurance
Posted in Auto Insurance , Liability
January 23rd, 2009
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When it comes to automobiles, liability insurance is what protects you if you are involved in an accident and you are at fault, causing damage to the property of others. If you were driving and looked away from the road for a brief moment and hit another car, you are clearly at fault. The other drivers passenger may even require medical care. Since you caused the accident, you are liable for their damages this is why it is called liability insurance. With liability insurance, you will not be responsible for damages or medical bills up to a certain dollar amount, depending on the coverage you choose.
Split Limit Liability
Posted in Auto Insurance , Liability
January 15th, 2009
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Split limit liability is an aspect of auto insurance coverage that is somewhat complicated and difficult to understand. In essence, split limit liability is the auto insurers way of containing and capping costs relating to bodily injury and damage to a car, spread out over the number of people involved in a serious accident. For example, the first part of a split limit liability coverage will create a damages limit for each insured person. That could be any amount, depending on the policy a driver has chosen to go with. So, the liability limit for bodily injury could be $100,000 per person. The second part of split limit liability refers to the limit placed on bodily injury damages to two or more people stemming from the same car accident. That means the insurance company has placed a limit on bodily injury damages regardless of the number of people involved. The third limit will apply to car damage, also referred to as property damage, resulting from the accident. Thats the amount of money that it will pay to the driver of the other automobile.
Combined Single Limit Liability
Posted in Auto Insurance , Liability
January 13th, 2009
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Combined single limit liability is an auto insurance policy which creates a single damages limit for an insured motorist in the event of an accident that results in bodily injuries and personal property. This is the equivalent of a lump sum, which can be applied by the insured motorist as he or she sees fit.