Blogs and Resources - LA Insurance

Property protection insurance in Michigan works differently because the state follows no-fault laws. Many drivers confuse it with property damage liability or other auto terms, which makes it a bit complicated. This car insurance definition guide gives you a clear view of how property protection insurance works and what it pays for when a car accident damages someone else’s property.

On average, a crash that results in property damage costs about $6,300 per vehicle, according to the most recent data from the National Safety Council (NSC). However, having property damage liability auto insurance can protect you from this huge financial burden, as it covers the cost of vehicle repairs or other property-related losses you’re responsible for.

Bodily injury (BI) liability insurance is one of the components of liability auto insurance that protects you when you cause a car accident that hurts someone else. It helps cover the accident-related medical expenses for the other party. It can also pay for lost income, legal fees, and other costs tied to their injuries.