Hello again!
Here's part 2 of the auto insurance policy: Property Damage Liability. This part covers the damage to another party's property for which you may be liable. Simple enough, right?
Let's use an example. Let's say that I'm driving down the road, not paying attention, and I crash into the back of your car and bang it up pretty good. The police determine that I am at fault and therefore liable. This part will cover the damage I cause to your property (car).
Okay, one last example. Let's say it's winter and the roads are icy. I slide off the road and into your mailbox, which is your property. Well, Property Damage takes care of that too.
Well, this week's entry was short. Stay tuned.
One last thing: it's hard to believe that it's been 7 years ago since that tragic day. Let's not forget our fallen heroes!!
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