Liability only auto insurance is the most basic and affordable type of auto insurance there is. If you’re buying a car, you might consider liability only auto insurance. At Kriener Insurance, servicing Woodbury, MN, we can help you choose the right type of auto insurance. We work with various carriers to help our customers find the right auto insurance for their needs. Below are some of the things you should know about liability only auto insurance.
What Is Liability Only Insurance?
Liability only auto insurance is a type of auto insurance that can pay to fix the other driver’s car if you cause a collision. It will not pay to repair or replace your vehicle. Liability only auto insurance can help protect you from the financial risk of repairing another person’s car if you cause damage to their vehicle.
Who Needs Liability Only Insurance?
Most states require auto insurance to help protect drivers on the road. If you don’t have another type of auto insurance, you will be required to get liability only. However, if you are driving a vehicle that is paid for with an auto loan, your lender may require a higher level of coverage for your vehicle. Talk to your lender to find out the requirements for your car.
When Should I Get Liability Only Insurance?
If you’re thinking about getting a car, call the professionals at Kriener Insurance servicing Woodbury, MN to discuss liability only auto insurance and other types of auto insurance. You’ll need to have auto insurance the first time you drive your car, and if you’re buying from a dealership, they will require you to have insurance to drive off the lot. Call us in advance to be prepared!
