What is Liability insurance for and do I need it?
 
 Greg
Rockport,TX.
 
Greg,
 Liability coverage limits (that’s for the damage you do to others) are written as three numbers, such as 20/40/10. That translates to $20,000 in bodily injury coverage per person, $40,000 in bodily injury coverage per accident and $10,000 in property-damage coverage per accident.
 
Liability [...]