What This Coverage Includes
- Bodily Injury Per Person
- Bodily Injury Per Accident
- Property Damage Per Accident
What This Coverage Does NOT Include
- Damage to YOUR own vehicle
- YOUR medical expenses (in most states)
- Theft of your vehicle
When This Coverage Makes Sense
- Always — it's legally required in 49 states
- Asset protection if you own home/savings/investments
- Driving any vehicle on public roads
When You Might Skip This Coverage
- New Hampshire (only state without mandatory requirement) — though still strongly recommended
- Vehicles never driven publicly
Cost Considerations
Typical Additional Cost: This IS the base insurance cost ($500-2,000/year depending on limits/state)
Premium costs vary significantly by location, vehicle, driver profile, and chosen limits. The figures above are national averages and should be used only as rough guidance. Get actual quotes for accurate pricing.
Frequently Asked Questions
This depends on both the specific coverage type and your state. Some coverages (like liability) are required in nearly all states. Others (like collision, comprehensive, or gap insurance) are optional but may be required by your lender/lessor if you finance or lease your vehicle. Check our state-by-state minimum requirements guide for specifics.
In most cases, yes. You can add, remove, or adjust optional coverages (collision, comprehensive, roadside assistance, etc.) at any time by contacting your insurer. Changes typically take effect at your next renewal, though some adjustments can be made mid-term with possible prorated refunds or additional charges. Required coverages (like state minimum liability) cannot be dropped below legal minimums.
This information is educational only. Coverage details, availability, and costs vary by insurer and state. Always review actual policy documents before purchasing. Consult licensed professionals for advice specific to your situation.