Liability Limits | Sarah Robison
I wanted to take a moment to remind you that with an auto policy there is a variety of coverages offered such as roadside assistance and rental reimbursement but most importantly there are your liability limits. Some people may not even be aware of what their limits are! The state minimum for Missouri is $25,000 per person/$50,000 per accident and property damage at $10,000. In case of a loss where you cause the accident those limits are not ideal for coverage as they do not go very far. We recommend at least $50,000/$100,000 if not more!
I will assume that not everyone understands how the liability limits work so let’s dig in. The $25,000 per person is the amount of coverage there is for when you cause an accident and it injuries one person whereas the $50,000 is the total limit covered if 2 or more people are injured during the accident. If 3 people are hurt in the accident and there are 3 medical bills adding up to cover visits, x-rays and whatever else is needed to treat the injured there is only the $50,000 limit to cover that. The $10,000 property damage is to cover the damages that is to the other person’s property which is usually their vehicle from the accident. The cost of repairing or replacing vehicles is realistically more than $10,000 which is another reason we recommend covering for more than what the state requires. If you would like to review your policy or discuss increasing limits please contact your agent.