Bodily Injury Property Damage Liability How Much

Understanding Bodily Injury Property Damage Liability

What is Bodily Injury Property Damage Liability?

Bodily Injury Property Damage Liability (BIPD) is a type of insurance coverage that helps protect you financially in the event of an accident that results in injury or property damage to another person. In most states, it is a legal requirement for drivers to have some form of BIPD insurance protection in place. This type of coverage typically pays for medical expenses, property damage and legal costs associated with the accident.

How Much Does Bodily Injury Property Damage Liability Cost?

The cost of Bodily Injury Property Damage Liability varies depending on the amount of coverage you choose, your age, the make and model of your vehicle, your driving record and other factors. On average, most states require drivers to carry a minimum of $50,000 per person, $100,000 per accident for BIPD protection. This coverage is typically available on most auto insurance policies and can range from a few hundred dollars per year up to several thousand dollars.

What Does Bodily Injury Property Damage Liability Cover?

Bodily Injury Property Damage Liability coverage typically covers medical costs, vehicle repairs and lawsuit costs if you are found to be at fault in an accident. This type of coverage does not cover repairs to your vehicle or medical costs for injuries that you suffer. It also does not cover damage to another person's property, such as their home or vehicle.

What is Not Covered Under Bodily Injury Property Damage Liability?

In addition to the items already mentioned, Bodily Injury Property Damage Liability does not cover intentional acts, damages resulting from an act of war, damages caused by an uninsured motorist, damages caused by an uninsured motorist, damages caused by a driver operating a vehicle while under the influence of drugs or alcohol, or damages caused by a driver who is fleeing from law enforcement. These items are usually covered by other types of insurance policies.

Do I Need to Carry Bodily Injury Property Damage Liability?

In most states, it is a legal requirement for drivers to carry Bodily Injury Property Damage Liability. Without this coverage, you may be subject to fines and other penalties. Additionally, if you are found to be at fault in an accident and do not have this coverage, you may be held personally liable for any damages or injuries sustained in the accident.

Where Can I Get Bodily Injury Property Damage Liability?

Bodily Injury Property Damage Liability coverage is available through most auto insurance providers. Most insurance companies will offer a range of coverage limits and deductibles, so it is important to shop around and compare quotes to find the best coverage at the best price. Additionally, many insurance companies offer discounts and other incentives to help make coverage more affordable.