The payout your insurance company pays for a liability automobile insurance claim is dependent on the coverage limits you select. Buy the minimum amount of liability auto insurance in the state where you live. Auto insurance is there to protect you financially. If you have $150,000 in assets for example, then try to buy coverage limits for $150,000 or even higher.If you were ruled at fault, while causing an accident with another party’s property, liability insurance will pay for the damages that occurred, up and to the policies limits. A good starting point is $100,000 in liability coverage.

Infographic by Young America Insurance