Freeway Insurance has several options, including full coverage and state minimum liability.
Full coverage includes comprehensive and collision. Along with these two protections that help you out financially, regardless of whether an event was your fault or not, it includes liability to protect you against the claims of others if you cause an accident.
If you are concerned about full coverage costing significantly more than a minimum liability policy, we recommend adjusting your liability limits or lowering your deductible to compensate. However, we recommend a baseline liability policy of 100/300/100, covering up to $100,000 per person, $300,000 per accident (bodily injury), plus up to $100,000 in property damage liability per accident.
Even a single-car accident can easily blow past any state minimums, so we encourage high liability limits to reduce the chances of going out of pocket to cover expenses.
State Minimum Liability
All states require drivers to carry minimum liability limits on their auto policy. This is to help cover the cost of injuries or damage in at-fault accidents.
Every state has its required minimum liability limits. For example, California requires $15,000 in bodily injury per person, $30,000 in bodily injury per accident, and $5,000 in property damage liability.
Note that this does not include various optional items such as roadside assistance and rental car reimbursement. These types of add-ons are purchased separately. Some states require uninsured motorist coverage, but it’s a great thing to have, regardless. You may also be required to carry some form of additional medical coverage, such as personal injury protection, depending on where you live. Find out what your state requires here.
We recommend you opt for full coverage over minimum liability if you can afford it. Then, for several hundred dollars more a year, you can benefit from first-party benefits such as collision and comprehensive.