Auto Liability Insurance Update
We often get asked the question, “How much auto liability insurance do I need?” The answer to that question is different for everyone. We do recommend that everyone carry at least $500.000 auto and personal liability limits.
Auto liability coverage provides protection in the event you injure a third party while driving. Serious injury or death from a car accident is devastating to the injured person or deceased person’s family, both emotionally and financially.
You should consider higher limits if you have any of these risks:
- Own a boat, ATV, or RV
- Have teen drivers
- Have a high net worth
- Own a vacation home or rentals
- Own your own business
- Have other financial assets you may want to protect
Umbrella insurance can be added to your personal insurance program for as little as $150 to $200 per year, depending on your individual circumstances.
Partners Risk Services represents a carefully selected group of financially strong, reputable insurance companies, therefore, we are able to offer you the best coverage at the most competitive price.