Liability Insurance.
Liability insurance is obligatory for all commercial trucks for most states, and operating without it may result in big penalties.
Liability insurance covers the expenses for injuries to another person and/or property damage caused by an accident in which you’re at fault. Property damage and bodily injury liability coverage are always included in a driver’s liability insurance policy.
Insurance coverage for bodily injury (BI) covers the expenses if you’re at fault for an accident that results in another person being hurt or even killed. Pain and suffering, long-term care, medical and rehabilitation bills, lost earnings, and other expenditures are all covered by bodily injury (BI) up to the limitations of your choice.
Damage to another person’s property is covered under the Property Damage (PD) section of your Liability insurance if you cause an accident. Property Damage covers the expenses of repair or replacement of damaged goods, including other lamp posts, vehicles and residences, up to the limits of your choice.
What is included in auto liability insurance?
What is included in auto liability insurance?
- Bodily injury liability insurance covers expenses of the other party's medical bills if you are guilty of an accident. Loss of wages and legal fees are sometimes included if the victim files a lawsuit because of their injuries.
- Damages to property caused by a covered accident in which you are at fault are covered by property damage liability coverage. For example, if the other driver's vehicle was damaged in an accident, it might also cover the expenses of repairing or replacing that vehicle, as well as any other property that was damaged as a result of an accident.
Depending on state where you live, the minimum liability limits for each protection type may be different. Vehicle damage and personal injury costs are not covered by liability insurance since a comprehensive collision policy is required.
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