State Farm Liability Insurance: What You Need to Know

If you own a car or a house, having liability insurance is essential. State Farm offers liability insurance coverage that helps protect you financially if you’re found responsible for causing bodily injury or property damage to others. Let’s take a closer look at State Farm’s liability insurance and what it covers.

What is State Farm liability insurance?

State Farm liability insurance is a type of insurance that helps protect you against financial loss if you’re found responsible for causing injury or damage to others. Liability insurance is typically required if you own a car or a home, as it helps cover the costs associated with accidents or incidents that occur on your property.

State Farm offers two types of liability insurance: bodily injury liability and property damage liability.

Bodily injury liability

Bodily injury liability coverage helps pay for medical expenses, lost wages, and other damages incurred by someone who is injured in an accident that you’re found responsible for. It also covers legal fees if you’re sued for the accident.

For example, if you hit another car and the driver is injured, your bodily injury liability coverage would help pay for their medical expenses and any other costs associated with the accident.

It’s important to note that bodily injury liability coverage does not cover your own medical expenses or lost wages if you’re injured in the accident.

Property damage liability

Property damage liability coverage helps pay for repairs or replacement of property that is damaged in an accident that you’re found responsible for. This can include damage to another vehicle, a fence, or a building.

For example, if you accidentally drive into someone’s fence, your property damage liability coverage would help pay for the repair or replacement of the fence.

What does State Farm liability insurance cover?

State Farm liability insurance covers a range of incidents that you may be found responsible for, including:

• Car accidents
• Property damage
• Slip and fall accidents
• Dog bites
• Boating accidents

It’s important to note that liability insurance does not cover intentional acts or criminal behavior. For example, if you intentionally damage someone’s property, your liability insurance will not cover it.

How much liability insurance do I need?

The amount of liability insurance you need depends on a few factors, including:

• State requirements
• Your assets
• Your risk tolerance

Most states require drivers to carry a minimum amount of liability insurance. However, these minimums may not be enough to fully protect your assets if you’re found responsible for a serious accident.

State Farm recommends that you consider purchasing higher limits of liability insurance to protect your assets. Your agent can help you determine how much coverage you need based on your specific situation.

How much does State Farm liability insurance cost?

The cost of State Farm liability insurance varies depending on a number of factors, including:

• Your age
• Your driving record
• Your location
• The amount of coverage you need

Your agent can provide you with a personalized quote based on your specific situation.

FAQs

What is the difference between liability and full coverage insurance?

Liability insurance helps protect you financially if you’re found responsible for causing injury or damage to others. Full coverage insurance typically includes liability coverage as well as comprehensive and collision coverage, which helps pay for damage to your own vehicle.

What is the difference between bodily injury and personal injury protection?

Bodily injury liability coverage helps pay for medical expenses and other damages incurred by someone who is injured in an accident that you’re found responsible for. Personal injury protection (PIP) is a type of insurance that helps cover your own medical expenses and lost wages if you’re injured in an accident, regardless of who is found responsible.

Do I need liability insurance if I don’t own a car or a home?

If you don’t own a car or a home, you may not need liability insurance. However, if you rent a home or an apartment, your landlord may require you to carry liability insurance.

What happens if I don’t have liability insurance?

If you’re found responsible for causing injury or damage to others and you don’t have liability insurance, you may be responsible for paying for the damages out of your own pocket. This can be financially devastating, so it’s important to have liability insurance to protect yourself and your assets.

Conclusion

State Farm liability insurance is an important type of insurance that can help protect you financially if you’re found responsible for causing injury or damage to others. Whether you own a car or a home, it’s important to have liability insurance to protect yourself and your assets. Talk to your State Farm agent today to learn more about liability insurance and how it can help protect you.