[vc_row][vc_column][vc_column_text]October 30, 2009
By Brian Babcock
The short answer is as much as you can afford. For most people, liability insurance comes in 2 or 3 forms – home, auto and possibly business. In each case, the liability coverage limit is the maximum amount the insurer will pay on your behalf if you accidentally injure someone, or accidentally damage their property. Any damages above that limit will jeopardize your own assets and income. The cost of increased limits is minimal, since the insurers spread the risk of the rare catastrophic claims over many policies. Insurers can afford the risk of catastrophe. Can you?[/vc_column_text][/vc_column][/vc_row]