Think twice before you purchase liability insurance in order to lower your insurance costs. Liability rates are lower than full coverage rates because the insurance company does not have to pay as much if you are involved in an accident. You may pay lower your rate right now, but you will pay more out of pocket if you are in an accident.
Liability coverage only pays for damages you create to another driver’s vehicle and injuries you cause to another person during an accident.Didnâ€™t catch that? May 2013