Automobile Why You Should Raise Your Auto Liability Limits 06/26/20 If you’ve ever wondered what liability limits you should carry on your car insurance, you’re not alone. The answer could be higher – yet more affordable – than you think. Let’s say you cause a car accident that seriously injures multiple people. You could be responsible for paying all the medical and repair bills. But if you only have the minimum liability auto insurance required, the total amount of those bills could be much higher than what your policy covers. And if the accident loss exceeds your limits, you may be required to pay the difference out of your own pocket. There are several reasons why you may want to increase your liability car insurance limits: Medical expenses are on the rise, as well as the cost of personal injury claims. State-minimum limits may not cover some accidents. Vehicle and property values are increasing, making them more expensive to replace. A brand-new, midsize, luxury SUV is probably worth $50,000 or more. If you cause an accident involving that SUV and only have a $25,000 limit for property damage coverage, you’ll be forking over some serious cash to cover the rest of the replacement cost. You’re probably making payments on your own car – do you want to pay for theirs, too? Here’s the good news: Doubling your liability insurance doesn’t mean you’ll pay twice as much for the extra coverage. It just means you’re making an affordable and wise investment to protect you and your family in case of an accident. And like we said at the beginning, higher liability limits are often more affordable than you think. With a little boost in liability, you can increase your protection and give yourself peace of mind should an accident occur. To increase your liability limits today, contact your local Alfa® agent. All coverages are subject to deductibles and policy limits. This is not an insurance policy. It is intended only to provide a general description of Alfa Insurance® and/or its product lines and services. An actual policy contains the specific details of the coverages, conditions and exclusions.