American Express

Bodily Injury
If you hit someone with your car and cause injury or death  because you were driving negligently, you must pay for the damages caused by the accident. These damages include the medical bills and lost wages of the person you injured. The person can also sue for pain and suffering if you live in a state that assesses fault for accidents. If you kill someone, you may also be responsible for the loss of income to the deceased person’s family. Most states require that you carry a minimum amount of bodily injury liability coverage—usually between $15,000 and $25,000. If you own a substantial amount of property and earn a regular income, obtain far more coverage than the minimum. Because potential liabilities are enormous, coverage for at least $100,000 per individual you harm and $300,000 for each accident you cause would not be excessive.

Property Damage

This liability insurance covers any damage that you cause to another person’s property by driving negligently. This may include damage to another car or other property, such as a fence or a tree. Because it is usually less expensive to damage property than to injure people, property liability is cheaper and generally purchased in smaller amounts. Most states require a minimum of $5,000 to $25,000 in coverage; however, you should probably obtain at least $25,000 worth because today’s cost of repairing cars is extremely high.