Is 50/100k considered good liability insurance coverage for bodily injury?
"I just purchased a new policy with these figures for liability insurance. I want to know what these figures mean and if this is considered adequate compared to other policies."
usually hover around $15–25k, and the average cost for a claim is around $15,000. In this sense, you’re well within range, but it’s a good rule of thumb to hold as much insurance as you can comfortably afford.”
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.