Does my auto insurance cover property damage?
According to the auto insurance website The Zebra, most property damage liability policies cover these expenses for the other parties involved if you cause an accident: You cannot use your property damage liability policy to cover damage to your own property or vehicle.
What is a property damage claim?
Instead, property damage claims are generally filed as third party car insurance claims, where you or another person make an insurance claim against the insurance policy of the person at fault. The limits on the property damage coverage dictate the maximum the insurance company is willing to pay out as a result of any single accident.
What is the difference between liability and property damage insurance?
Liability insurance is the most basic form of automotive coverage. If you are at fault in an accident, liability coverage helps to pay the expenses for the damage that you have caused to others; however, liability does not cover the price of damage caused to you. and property damage insurance.