As part of our continuing series of posts about your car insurance for the New Year, we're going to take a look at Property Damage Liability. It's a seemingly simple form of coverage – required in Pennsylvania – that protects you from paying for damaged property after an accident.
This doesn't just mean covering a busted fender or broken bumper. Property damage liability can financially protect you from paying for damage to houses, fences, light posts, telephone poles, and more.
For many, property damage might not be a consideration after an accident. But choosing the right coverage can protect you from these unseen costs if you're ever in an accident.
PA law says you only need $5,000 per accident for the minimum state standard of property damage liability. We don't think that's enough.
Consider it like this: you're making your way home from work after a day of ice storms. You're taking every precaution you can, but hit a patch of ice and slide through someone's front yard, taking out their white picket fence, light pole, and a portion of their front porch.
You're now responsible for those costs. Will $5,000 cover the damages? Probably not.
That's why our law firm has created a list of recommended coverage for Pennsylvania auto insurance. For Property Damage Liability, we encourage you to carry at least $25,000 in coverage.
If you're concerned about your premium going up, there's no need to fret. The increase is marginal – probably a few dollars at most – and we definitely recommend speaking with your insurance agent to find the best deals for you.
It's important to consider that spending a few extra dollars now can save you thousands if you're in an accident with considerable property damage. Protect yourself from the unexpected financial black holes that often come with car accidents.
As part of your New Year's resolution, we hope you'll examine your car insurance to better protect yourself. With the right coverage, the aftermath of a car accident can be much less frustrating.
As always, if you're ever injured in an accident, contact our law firm for a free consultation. It won't cost you anything, and we'll get you the answers – and the legal help – you need.