How Much Liability Coverage Do I Need?

Julie Akin • March 13, 2025

How Much Liability Coverage Do I Need?

A person is holding an umbrella over a pile of money. Do you know how to select the proper liability limits to protect your assets?  Most likely, the answer is "No" but we here at Budget Insurance & Tucson Insurance Solutions make it simple and easy to calculate the level of protection that's right for you.

All too many times we as consumers get caught up in the game of saving a few dollars on our insurance.  Yes, we agree that paying too much is never a good thing but let's stop for a moment and think about the REAL SAVINGS insurance has to offer.

Ask yourself this 1 simple question:   Would you rather save $342 OR $342,000?

We can save you $342,000 and MORE.  Here's how...

Your auto, home and other insurance policies include liability coverage.  This coverage is in place to protect your assets but not having the proper coverage can be costly.

The liability limits you select protects your assets but it doesn't mean you're off the hook.  If a claim or lawsuit exceeds the coverage amount you carry, YOU are responsible for anything above that amount.  This means that your assets become the next "coverage" you have in place.  Not only the equity in your home, savings and investments are at risk but so are your future wages.  Did you know that the national average wage garnishment is 33%?  Yes, that means that a judgement against you can not only dip into your current assets but also your future earnings through wage garnishment.

We realize the idea of this all is a little frightening but set your worry aside.  We can help you select the right coverage to give you the protection and peace of mind you need.

Figuring out the level of coverage you need is easy.  Let's get started:

By using the coverage calculator below, you can quickly and easily calculate the liability coverage that best suits your individual needs.
Coverage Calculator

Contact Us!

Our knowledgeable agents, can work with you to make sure you've got the coverage you need, while at the same time using all possible credits and discounts to make that coverage affordable. Just give one of our 3 Tucson locations a call. We want to help you meet your goals, and make sure what's important to you is protected!
May 9, 2025
To update you on what is happening at the Lukeville/Sonoyta border crossing for our insureds traveling to Rocky Point: Depending on the officer, Mexican authorities (Guardia Nacional) are enforcing the FMM and passport requirements, but not consistently. Some travelers have reported crossing as usual without passports, and officers simply waived them through. Others have reported obtaining FMMs at the border, with all travelers carrying passports. If travelers are transparent and declare any alcohol they’re bringing into Mexico, they are being charged a 114% tax. However, some people reported having alcohol but were waived through by officers and did not pay the tax. It appears enforcement depends on the officer, and tourists are currently taking their chances. It comes down to each traveler’s level of confidence and risk tolerance, as enforcement is not yet consistent. Our company’s recommendation is to follow the law: Process the FMM online Print the form Stop at the INM (Immigration) office at the border to get it stamped Reminder: The FMM tourist permit is only for foreign citizens, not for individuals with dual citizenship. Here is the link to obtain the FMM online (in case travelers ask where to process it before crossing the border): https://www.inm.gob.mx/fmme/publico/en/solicitud.html The INM Immigration Office is located in the Aduana building. For your reference, the Gastrak/Sanborn’s location in Lukeville and the Aduana building (just to the left after crossing the border) are highlighted. Additional reminders for this border crossing: All vehicles must have a current, original, valid registration OR the original title/notarized copy. Digital copies or images are not accepted. If the vehicle is not owned by the driver (e.g., a company vehicle, borrowed from family or friends), a notarized letter of permission from the owner is required to take the vehicle into Mexico. Border Hours: U.S. and Mexican authorities have agreed that the Lukeville–Sonoyta border crossing to Rocky Point (Puerto Peñasco) is open daily from 6 a.m. to 8 p.m., with extended hours on Fridays (6 a.m. to 10 p.m.) from March 7 to October 10, 2025.
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