With the minimum amount of $25,000 property damage liability, your insurance company should kick in up to that amount. However, if the repairs cost more than that, you could end up paying out of pocket or being sued and having your assets seized.
Personal property includes anything owned by somebody. So plowing through someone’s fence or backing into their mailbox counts. Keep in mind that if you don’t stop to self-report taking down a fence, you could also face charges of leaving the scene of an accident. If the fence is keeping livestock restrained and you don’t stop, another driver could be killed if they hit a cow in the dark.
Items that belong to a government, such as public mailboxes, guardrails and stop signs will need to be paid for with your property damage insurance. As with personal property, any amount left over will be paid from your pocket. Here are some examples of the cost to repair public property.