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Stock impact report

Liability car insurance explained — and whether you need it [TheStreet.com]

Goosehead Insurance, Inc. - Class A (GSHD) 
Last goosehead insurance, inc. - class a earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: TheStreet.com
Liability car insurance protects you financially if you're held responsible for an accident that injures others and/or causes damage to another driver's vehicle. Every state except New Hampshire requires a minimum amount of liability coverage, and these amounts vary. However, such policies rarely provide enough coverage if you're found at fault for causing a major accident. According to CarInsurance.com, the average annual cost for a state-minimum liability car insurance policy is $503 per year or $42 monthly. In the event of an at-fault accident, a liability auto insurance policy offers you two kinds of protection: Liability insurance contains coverage limits, the maximum amount your insurer will pay in the event of a claim. These limits are expressed as a series of numbers, such as 50/100/50, and are broken down this way: Experts recommend purchasing higher liability coverage limits than what is legally required. For example, suppose your state requires liability coverage l Show less Read more
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