At Blue Horizon Insurance & Financial Services, we believe that understanding your auto insurance policy is crucial. One of the most important components of your policy is liability coverage. But what does it cover, and why is it so essential for drivers in Wenatchee, WA?
What is Liability Coverage?
Liability coverage is a part of your auto insurance that pays for injuries or damages you cause to others in an accident. It’s divided into two parts: bodily injury liability and property damage liability. Bodily injury liability covers medical expenses, lost wages, and pain and suffering of the other party if you’re at fault in an accident. Property damage liability covers the repair or replacement costs of the other party’s property.
Why is Liability Coverage Essential?
Liability coverage is essential because it protects you from significant financial loss if you’re at fault in an accident. Without adequate liability coverage, you could be responsible for paying these costs out of pocket. In addition, liability coverage is required by law in most states, including Washington.
Choosing the Right Amount of Liability Coverage
Choosing the right amount of liability coverage depends on your personal financial situation. It’s important to have enough coverage to protect your assets in case of a lawsuit. At Blue Horizon Insurance & Financial Services, we can help you determine the right amount of coverage for your needs.
Get the Right Coverage with Blue Horizon Insurance & Financial Services
At Blue Horizon Insurance & Financial Services in Wenatchee, WA, we’re committed to helping you understand your auto insurance options. Contact us today to learn more about liability coverage and how it can protect you from financial loss.
