Finding the cheapest liability-only liability car insurance is one of the different ways to make car insurance affordable and fit into your budget. While liability-only insurance is the most affordable car insurance policy to purchase, it can be quite costly for some drivers. Some factors like driving history, age, and gender can affect the price of liability-only car insurance, which is more reason to find the cheapest.
Liability-only car insurance does not offer full car insurance coverage, instead, it covers the payments for injuries and damaged property if a policyholder is at fault for an accident. It does not cover your property damage or medical bills; instead, it covers that of the other driver. As a result, you’ll need to cover the costs of car repairs and any medical treatment for injuries sustained in the accident out of pocket.
This car insurance may not be enough for you in most cases, making it a disadvantage, but all drivers must have this insurance coverage in most states to be legal drivers. When searching for the cheapest liability insurance, it is never a good idea to opt for the first insurance that comes your way. This write-up contains information on the cheapest liability-only car insurance you can choose from.
Cheapest Liability-Only Car Insurance
Different car insurance companies offer cheap liability-only car insurance. When searching for the most affordable, look for a car insurance company offering cheaper and lower premium rates. Comparing different insurance rates and quotes of various car insurance companies’ liability-only car insurance policies. However, the following are some car insurance companies that offer the cheapest liability-only car insurance.
Erie
This car insurance company offers competitive insurance rates for liability-only car insurance. It has little to no complaints from its customers about its insurance policies. Erie has different factors that make it a good option for drivers. Aside from these, this car insurance offers lower insurance costs for drivers with accident, DUI, or speeding tickets on their record.
USAA
This car insurance company is well-known for its low liability-only car insurance prices. It ensures drivers get an affordable means of getting this insurance without breaking the bank. However, this car insurance company only offers car insurance policies to veterans, military members, and their families. Because of its affordability, it is a good option for military members to consider.
Auto-Owners
Auto owners offer a 14% average insurance discount for liability-only car insurance among other car insurance companies. It also offers competitive liability-only car insurance rates. Due to this and other factors, this car insurance company is worth considering.
Westfield
If you are a teen driver looking for the cheapest liability-only car insurance, Westfield is one of the best options to consider. This car insurance company also offers liability-only car insurance discounts to young drivers between the ages of 22 and 29 looking to purchase a personal insurance policy.
Geico
This car insurance company is known for its outstanding liability-only car insurance rates. This car insurance company offers this insurance for $160, which is below the general average price. Aside from this, Geico offers lower car insurance rates for drivers with bad credit as well as competitive car insurance costs for every driver.
FAQs:
What is Liability-Only Car Insurance?
Liability-only car insurance is one of the types of car insurance policies that covers the damages and injuries caused to the other driver for an accident by an at-fault policyholder. Just as its name implies, this insurance covers every liability expense, including legal-related expenses such as if you are sued for an accident and legal defense.
What Happens if My Car Has Only Liability-Only Car Insurance?
In cases where you have only liability-car insurance coverage on your car, your insurance company will offer coverage if you get involved in an accident with another driver. Because you have only this insurance coverage, your insurance company will not cover the damages made to your vehicle as long as medical bills related to injuries you sustained during the accident. If you want coverage for them, you will have to purchase other car insurance policies, such as first-party car insurance and so on.
Should I get liability-only car insurance?
Getting liability-only car insurance may be a good idea for you if you own a less expensive car that would not require repairs if it gets damaged. Also, if you are looking for an affordable car insurance policy, this car insurance may be a good idea for you. This is because this car insurance will not cover your car damages, repairs, or even replacement. However, if you own an expensive car that is quite expensive to repair, this insurance is not a good idea.