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How much does it cost to increase property damage liability from $10,000 to $25,000 on my car insurance?
$10,000 probably wouldn't cover much in an accident, so I'm thinking of upping my property damage liability to $25,000. When I looked it up, the increase in my rate was only about $3 per six months. Does that seem right?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Few people investigate rates enough to know that a huge increase in
property damage liability
results in very little extra money on your premium.The same goes for
bodily injury liability
. For just a few extra dollars a month, you can drastically improve your coverage. As a result, it’s a no-brainer. Always opt for the most coverage you can afford, and you won’t have to worry about lawsuits or other situations that can cause you financial strain and stress.”
View full answer
- Gregory R.
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