Bodily Injury Liability Insurance

Bodily Injury Liability Insurance

An insurance policy that guards the policyholder from legal expenses resulting from a lawsuit over a bodily injury. For example, if Joe is negligent and causes bodily harm to Frank, Joe's bodily injury liability policy would pay for Frank's attorneys' fees as well as the actual and punitive damages Joe otherwise would have paid.
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The successful Bidder will be required to purchase and maintain Bodily Injury Liability Insurance and Property Damage Liability Insurance for a combined single limit of ONE MILLION DOLLARS ($1,000,000.
Under the statute, "uninsured motor vehicle" refers to "a motor vehicle with respect to the ownership, maintenance, or use of which there is no bodily injury liability insurance or bond applicable at the time of the accident, or there is the applicable insurance or bond but the company writing the insurance or bond denies coverage there under .
The state has more than doubled the required amount of bodily injury liability insurance drivers must maintain.