General liability insurance covers injuries/deaths and property damage resulting from an accident. This is the most important coverage and is commonly required by law in many states. Each state has its own minimum liability requirement. Some insurance companies offer "split-limit" coverage (each part of the coverage is split into its own limit, i.e. $15,000 max. per person injured, $5,000 for property, etc.) while others offer "combined single limit" (the entire combined coverage for bodily and physical damages under one limit, i.e. $100,000 total). Typically, liability is presented in three numbers (each representing dollars in thousands):

First Number: the maximum bodily injury for one person in an accident.

Second Number: the maximum for all injuries in a single accident.

Third Number: the maximum for all property damage in an accident.

For example, 15/30/5 represents (for one accident) $15,000 per person injured, $30,000 maximum for all people injured, and $5,000 total for property damage. General liability coverage should be equal to your net worth: this will help prevent dipping into your personal accounts and assets for any "spill-over."

Additional Information on Personal Auto Insurance:

General Liability
Medical Payments
Collision
Comprehensive
Uninsured/Underinsured Motorist
Add-Ons/Endorsements

Click Here to return to Personal Auto Insurance Main