What You Should Know About Property Damage Liability and Car Insurance

Do you know enough about property damage liability and car insurance? Here’s a closer look.

If you’ve looked over your auto insurance policy, you’ve seen that you’ve got liability coverage. You don’t just have blanket liability protection, either. Texas requires certain amounts of certain types of liability coverage, and one of them covers property damage. Here’s what you need to know about your property damage liability and car insurance in Frisco, TX.

In the state of Texas, you’re required to carry $25,000 of property damage liability coverage per accident. What does that mean? It means you need to have enough car insurance to cover up to $25,000 of damages you cause while in your car.

That coverage could step in to repair the fender you bent when you rear-ended someone in front of you. It could also pay to replace their car (up to your liability limits, of course) if you total it. This coverage isn’t just for cars, though.

Property damage liability coverage can also step in if you damage somebody’s property, like if you run into your neighbor’s mailbox or back over their fence. It can even get involved to help pick up the tab for legal defense if you get sued for the damages you cause.

In short, this coverage is important – not just because it’s legally required – but because it offers a huge layer of protection when you’re behind the wheel.

You know more about your property damage liability and car insurance but do you know if you have enough of this key protection in place? For questions about your coverage, contact Mike Leonard Insurance Agency in North Texas. We’ll compare policies from our carriers Kemper, MetLife, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance to get you the right policy with the right level of property damage liability coverage.