Property Damage Liability

If you are determined at fault in an accident then property damage liability car coverage will protect you if you cause damage to another’s property.

Property damage liability is usually required by most states and financial lender will always require you have it. If you choose not to carry it, any damage you cause to someone else’s property will have to come out of your pocket.

Property damage liability does not protect your own property so if you are at fault, you will not only be responsible for the other party’s costs but yours as well. This type of coverage also usually extends to utility and light poles, fences, mail boxes and garage doors, buildings and more. Make sure you review your policy so you know exactly what is and isn’t covered.

Property damage liability is offered in two forms: Combined Single Limit (CSL) or split limit coverage.

CSL is applied to bodily damage, property damage, or both. For example, if you elect to have $75,000 coverage and cause a lot of damage to someone’s vehicle, your insurance will cover repairs up to $70,000.

Split limit coverage allows you to apply a different limit to bodily and property damage. For example, you may have $60,000 bodily injury liability and $20,000 property damage liability. Keep in mind though that if you cause an accident and wreck someone’s expensive $50,000 luxury sedan, you will be liable for the remaining $30,000 plus your deductible, if you have one.