Question

What is the basic difference between liability insurance and collision insurance?
a.
Liability insurance covers only medical injuries, and collision insurance covers only property damage.
b.
Liability insurance covers damage that you cause, and collision insurance covers damage done to your vehicle.
c.
Liability insurance is optional, but most states require collision insurance.
d.
Liability insurance protects against theft or vandalism, and collision insurance covers against accidents or crashes.

Answer 1

b. Liability insurance covers damage you cause to others (bodily injury and property), while collision insurance pays to repair your own vehicle after a collision.