Latest News
Why Do I Need More than Liability?
Liability coverage protects you financially in case you become legally responsible for the bodily injury or property damage of another person due to a vehicle accident that you are at fault for. Most U.S. states have some degree of minimum liability coverage, in fact, and opting for liability-only coverage or state minimum coverage usually results in lower insurance premiums. However, those upfront savings do not always equate to a better deal.
Should you personally become injured in an accident or suffer damages to your personal vehicle, liability coverage will do nothing for you. You could find yourself with a mound of medical bills and no transportation if you are unable to pay for your personal expenses related to an accident. Instead, it's wise to invest in collision coverage that will repair or replace your own vehicle in the event of an accident. Additionally, opting for personal injury protection will cover your medical expenses and those of your passengers regardless of who is at fault in an accident. Though the added protection may cost a little more, it could save you thousands.
Related Articles
Does Having a Trampoline or Pool Increase My Home Insurance Cost?
06/27/2013
Before you put in a swimming pool or purchase a trampoline for your children, consider the additional cost to your home insurance rates. Coverage for a house that already has a pool is much higher ...
Read More →
How Does Accident Forgiveness Work and Who is Eligible for this Discount?
09/09/2013
When you are looking for an auto policy that will help you save money, applying for every discount available to you will help. A program you may apply to your account is accident forgiveness. Befor...
Read More →
Tips on Staying Sane During the Insurance Claim Process
11/07/2011
Combining home and auto insurance is a great way to save money, and it can also save you a bit of sanity— especially when it comes time to pay the monthly bill. But all of that peace of mind ...
Read More →