What is auto liability insurance?
The Bankrate.com financial term of the day is: "auto liability insurance."
What if you're in a serious crash -- and it's your fault? Your auto liability insurance helps you face the financial responsibility for any damage or injuries you've caused. When you buy car insurance, liability is one of the major categories of coverage. A policy will have limits on the amounts it will pay for bodily injuries per person, for total bodily injuries per accident, and for property damage per accident. Your state will require you to carry a certain amount of liability coverage.
Auto liability insurance is there to protect your bank account when you're to blame for a serious accident.
To shop for insurance to fit your needs, visit the Insurance section at Bankrate.com.
All it takes is one serious accident to understand why it's important to have umbrella insurance.
Find out the different factors that go into determining the rate you'll pay for life insurance.
Understanding the factors that play a role in a premium could help you save on your auto insurance.
Learn how to navigate the plethora of auto insurance options to get the best rate.
Looking to decrease your auto insurance premium? Top insurance experts share money-saving tips.
When searching for a mortgage, you can control what you pay in closing costs. Find out how.
Research shows the way you pay bills can be directly related to your happiness.
Need to pay for a big expense? Learn how you can use your home equity to pay for it.
Do you know where your personal information goes once a hacker gets a hold of it?
Do you have enough in savings to pay for an unexpected emergency?
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
Get cost-cutting tips for buying, selling and maintaining your wheels. Delivered monthly.
Tesla is tapping its current owners to act as a sales force by offering them cash and other incentives, including a free Model X, when they refer friends who buy a car.
... Read more