Typical Auto Coverage
-
Bodily Injury $100,007 each
person - 300,007 each accident
-
Property Damage Liability -
$50,007 other than collision less $499 Deductible / collision or upset less
$499
-
Rental Reimbursement - $40/Day
for a Max of 30 Days
-
Towing & Labor - $75 per
Disablement $450 Max
-
Uninsured/Underinsured Motorist
Bodily Injury - $100,007 each person - $300,007 each accident
-
Uninsured/Underinsured Property
Damage - $50,007 per accident a $250 Deductible applies to Property Damage
-
Basic Personal Injury Protection
- $10,003
This is the basic wording that you
should see on your automobile insurance policy. After each one of these headings
you will see Dollar Figures accompanied by words like Each Person and Each
Accident. These numbers represent the maximum amount in Dollars that you are
covered for in any give circumstance.
Let us cover a few things that could
go wrong by being underinsured.
Property Damage Liability;
covers your vehicle when it is wrecked or stolen. For an example lets say that
you have $25,000 coverage and your vehicle is worth $38,000 and you car is
stolen. You won't have enough coverage and you will end up owing the
difference.
Bodily Injury; lets say you
only have $25,000 worth of coverage and the person that was injured requires
$75,000 in medical treatment. Guess who will be sued for the difference? You
These are but just a few of the
situations that could arise if you are underinsured. Each state has different
requirements for the minimum amount of coverage you need to drive a motor
vehicle in that state. We suggest that you review your insurance policy with
your agent to make sure you have adequate coverage to protect you and your
family.
This is the basic wording that you
should see on your automobile insurance policy. After each one of these headings
you will see Dollar Figures accompanied by words like Each Person and Each
Accident. These numbers represent the maximum amount in Dollars that you are
covered for in any give circumstance.
Let us cover a few things that could
go wrong by being underinsured.
Property Damage Liability;
covers your vehicle when it is wrecked or stolen. For an example lets say that
you have $25,000 coverage and your vehicle is worth $38,000 and you car is
stolen. You won't have enough coverage and you will end up owing the
difference.
Bodily Injury; lets say you
only have $25,000 worth of coverage and the person that was injured requires
$75,000 in medical treatment. Guess who will be sued for the difference? You
These are but just a few of the
situations that could arise if you are underinsured. Each state has different
requirements for the minimum amount of coverage you need to drive a motor
vehicle in that state. We suggest that you review your insurance policy with
your agent to make sure you have adequate coverage to protect you and your
family.
