Copyright 2008 The Insurance Files
    Property damage liability insurance is very similar to bodily injury liability insurance in that it is more of a "bare minimum" available to ensure that you are abiding by the law by having at least some coverage. The first step to getting a property damage liability policy is getting a free auto insurance quote online. You can also call or stop by a local agent but online is much quicker and provides access to several companies at once. Property damage liability only covers damage done by your vehicle to another person's property. Most often the damage will be done to their car but it could also refer to a house, fence, business building, or any other type of property. Liability coverage does not meet the minimum requirements of auto finance companies. If you do not own your vehicle and have it on lease or loan, then property

damage liability is not right for you. Check out our information on fully comprehensive auto insurance to better suit your needs. Joining the two types of liability, property damage and bodily injury, provides decent insurance coverage on an older vehicle that you are trying to have an affordable insurance policy. When purchasing a property damage liability policy, be sure to set the limits of coverage high enough to cover the full cost of any damage you feel your car may inflict should you ever be involved in an accident. Every state has a minimum limit of their own that must be met, as low as $5,000 in some states and varying all the way up to $30,000 in others. If the limits of the policy are very low, the insurance may not cover the full cost of the damage you caused. If that is the case, the bill comes to you. The other party needs to be paid their share as soon as possible, and you may have to sell your personal items or even have your wages garnished to cover the costs. It is definitely worth the extra price per month or six months to have a higher amount of coverage just in case something goes wrong out on the road.