cheapest car insurance liability only

What is Liability-Only Car Insurance?

Liability-only car insurance is a type of auto insurance that covers damages or injuries caused to others in an accident that you are at fault for. It does not cover damages to your own vehicle or injuries to yourself or your passengers.

Liability insurance is required by law in most states. The minimum amount of liability coverage required varies from state to state, but it typically ranges from $25,000 to $100,000 per person and $50,000 to $300,000 per accident.

Benefits of Liability-Only Car Insurance

There are several benefits to carrying liability-only car insurance, including:

• It is the most affordable type of car insurance.
• It meets the minimum legal requirements in most states.
• It can help you avoid financial ruin if you are at fault for an accident.

Drawbacks of Liability-Only Car Insurance

There are also some drawbacks to carrying liability-only car insurance, including:

• It does not cover damages to your own vehicle.
• It does not cover injuries to yourself or your passengers.
• It may not be enough coverage if you are involved in a serious accident.

Who Should Consider Liability-Only Car Insurance?

Liability-only car insurance is a good option for drivers who:

• Have a limited budget.
• Drive an older car that is not worth much.
• Have a good driving record.
• Are not concerned about protecting their own vehicle or passengers.

How to Get Liability-Only Car Insurance

You can get liability-only car insurance from most insurance companies. When shopping for a policy, be sure to compare quotes from several different companies to find the best rate.

You can also purchase liability-only car insurance online. However, it is important to read the policy carefully before you buy it to make sure that you understand what is covered and what is not.

Average Cost of Liability-Only Car Insurance

The average cost of liability-only car insurance varies depending on a number of factors, including your age, driving record, and the type of car you drive. However, you can expect to pay around $500 per year for liability-only coverage.

If you have a poor driving record or drive a high-risk vehicle, you may pay more for liability-only insurance. However, there are a number of discounts available that can help you save money on your premium, such as:

• Good driver discount
• Multi-car discount
• Defensive driving course discount

Liability-Only Car Insurance vs. Full Coverage Car Insurance

Liability-only car insurance is the most basic type of car insurance available. It only covers damages or injuries caused to others in an accident that you are at fault for. Full coverage car insurance, on the other hand, covers damages to your own vehicle as well as damages or injuries caused to others.

Full coverage car insurance is more expensive than liability-only insurance, but it provides more comprehensive coverage. If you can afford it, full coverage car insurance is a good option to consider.

Table: Liability-Only Car Insurance vs. Full Coverage Car Insurance