Part 5, Optional Bodily Injury to Others, is, perhaps, the most important coverage on the Massachusetts auto insurance policy.
In this independent MA auto insurance agent’s opinion, it’s the heart of your coverage.
What is Bodily Injury Liability?
Bodily injury liability coverage to others provides coverage if you are in ant at-fault accident and another person is injured. Coverage will pay for injuries up to policy limits, and, in addition, provides legal defense.
Part 1, Bodily Injury to Others, in Massachusetts, are compulsory limits of $20,000 per person/ $40,000 per accident. You cannot increase or lower Part 1 coverage on the MA auto policy. Coverage is limited to Massachusetts and does not apply to private driveways or parking lots.
Part 5, Optional Bodily Injury to Others, is the coverage you purchase to protect your assets and to protect you where the MA Part 1 coverage is limited.
What does Bodily Injury Liability cover?
Bodily Injury liability limits are typically shown like this: $100,000/$300,000.
This reflects the “per person” and “per accident” policy limits.
In this example there would be $100,000 available per person and $300,000 available per accident (if more than 1 person is injured).
MA auto insurance consumers purchase high limits of Part 5, Optional Bodily Injury to Others, coverage to protect against the catastrophic-type auto accident which could jeopardize their financial stability.
How much coverage do I need?In an ideal world, consumers want their liability limits to, at least, equal one’s assets, including property and future earnings.When choosing your Bodily Injury liability limits, you should consider all of your assets, including your home and future earnings.Once consumers have purchased limits of $250,000 per person/$500,000 per accident, most insurance companies recommend additional coverage in the form of a Personal Liability Umbrella policy.Umbrella policies start at $1,000,000 of coverage typically going up to $5,000,000. Coverage “sits-over” your auto and property liability limits.Call or click us at MassAutoQuote to find out more about your MA auto insurance coverage.