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Bodily injury liability insurance pays for damages to an innocent party who is hurt because of an auto accident and is Mandatory in most statesBodily injury liability covers other people's bodily injuries or
death for which you become responsible for. Bodily injury liability covers injury to people, not your vehicle. Bodily Injury Liability does NOT cover you or other people on your policy. Coverage is limited to the terms and conditions contained in the insurance liability clause of your policy, if you don't understand it ask your insurance agent to explain it. Some things to keep in mind when selecting your bodily Injury Liability Insurance: If you select limits that are too low, you could be putting yourself at
risk financially. You could be forced to liquidate property, savings, and other assets, or your future earnings could be attached. By purchasing liability limits to account for both your current assets and future net worth, you can help protect yourself against this risk. The resolution of bodily injury claims can occur within a 24-hour period or last up to six years. It all depends on the people involved in the auto accident as well as the injuries. Then, there is legal paperwork that must be signed by the injured party after a settlement has been made to secure the agreement. Consider buying more than the state-required bodily liability insurance minimum to protect assets such as your home and savings.
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