Do you know your auto liability limits?

Do you know your auto liability limits?

Auto liability limits... do you know yours? A surprising amount of insured drivers are unaware what limits of liability the have on their auto insurance. Many states have legal minimums which must be met but they tend to be dangerously low. This leaves many drivers exposed to unnecessary risk. For example, Indiana's state minimum limits are 25/50/10 (or an equivalent combined single limit). This means the policy will pay up to $25,000 bodily injury per person / $50,000 bodily injury total per accident / $10,000 property damage per accident. These are limits, meaning that is the most the insurance will pay. Any bodily injury or property damages you cause that exceed these limits, you would still be responsible to pay. Usually it doesn't cost much more to increase your limits of liability on your auto insurance policy. At Wilkinson Insurance Agency we recommend limits of liability of at least 100/300/100. You can increase those limits to 250/500/100 for very little extra cost. In the long run, having higher...
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