WalletHub: Thomas King, department chair and professor of accountancy at Weatherhead School of Management, shared some tips on bodily injury liability, which is car insurance coverage that pays for the medical bills and lost wages of other people when someone is at fault in an accident. “There is no one-size-fits-all decision rule about how much car insurance one should purchase. Increasing bodily injury limits from state minimums is not that expensive,” he said.
