When should you get liability-only insurance?
You should get liability-only insurance if you have an older car that is not worth a lot of money, or that you can repair or replace out-of-pocket. This type of insurance will cover damages you cause to someone else’s property or injuries in an accident, but it will not cover any damage to your own car. If your car is not worth much and you want to save money on insurance premiums, liability-only insurance may be a good option for you. However, if you cannot repair or replace your vehicle out of pocket, you may want to consider getting a policy with full coverage to protect your investment.
