High Risk Driver Insurance Coverage Limits

High-risk driver insurance coverage limits typically include liability coverage, which consists of bodily injury liability and property damage liability. The limits are usually expressed as three numbers, such as 25/50/25, representing:

1. Bodily Injury Liability: The first number represents the maximum coverage per person for bodily injuries caused by the insured driver. For example, in a 25/50/25 policy, the coverage limit is $25,000 per person.

2. Total Bodily Injury Liability: The second number represents the maximum coverage for all bodily injuries in an accident. Using the same example, a 25/50/25 policy provides coverage of up to $50,000 for all bodily injuries sustained in the accident.

3. Property Damage Liability: The third number represents the maximum coverage for property damage caused by the insured driver. In a 25/50/25 policy, the limit is $25,000 for property damage.

It’s important to note that these coverage limits are the maximum amounts the insurance company will pay in the event of an accident. If the damages exceed these limits, the insured driver may be personally responsible for the remaining costs.

High-risk drivers may also have the option to purchase additional coverage, such as uninsured/underinsured motorist coverage, medical payments coverage, or comprehensive and collision coverage, depending on their specific needs and circumstances.

When selecting coverage limits, consider your financial situation, assets, and potential liability risks to ensure adequate protection. It’s advisable to consult with FR44 & SR22 Experts to discuss your specific coverage needs as a high-risk driver.