When it comes time to purchase insurance for your Toyota 4Runner, you have several options to consider. You are required under state law to carry a minimum amount of liability insurance, but you have the right to purchase more coverage than that. While it will cost you higher premiums, it could save you in the long run if you cause an accident.
The type of policy and model of your vehicle are only two of the many factors that determine how much your coverage will cost. Talking to an agent is the best way to learn what to expect.
There are real benefits that come with paying for full coverage car insurance. This type of coverage not only protects you from third-party claims, but also helps pay for your own damages in a crash.
Your liability insurance pays for the damages of other parties if you are responsible for the accident. While it does not pay for your own losses, your other coverages will.
Collision coverage pays for damages you incur after you collide with another vehicle, pedestrian, motorcycle, or other object. In addition to collision coverage, your comprehensive coverage pays for damages that you incur from things other than collisions. This could include everything from downed tree limbs to vandalism.
State Minimum Liability
The laws of each state require drivers to have a minimum amount of liability insurance for their vehicles. The purpose of this requirement is to make certain that drivers have their losses covered when they are not at fault for a crash.
Each state sets its own minimum requirements. In general, a state will require drivers to carry a minimum amount of liability coverage to help pay for bodily injuries per person, bodily injuries per accident, and property damage per accident.