Call Us Call Us Today! | (636) 947-3000
Auto Insurance AUTO

Auto insurance protects you against financial loss if you have an accident.

Read More
Homeowners Insurance HOME

A standard policy insures the home itself and the things you keep in it.

Read More
Church Insurance CHURCH

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Nonprofit Insurance NONPROFIT

Browse a variety of insurance options in order to find the right one for you.

Read More
Motorcycle Insurance MOTORCYCLE

Learn about different coverage options that fit your specific needs.

Read More
Recreational Insurance RECREATIONAL

Finding insurance doesn't have to be difficult. We do the work for you.

Read More

If you were injured in an auto collision, had to spend three day in the hospital, loose two weeks of work and sustain a long tern partial disability, how much liability would you want the party causing the injury to carry?

So, how much should you carry?  The are two primary areas to consider.  Although we cannot predict the future, first, you would want to carry at least an amount sufficient  to meet the needs of a person you injured with your car.  Second, the liability you carry should be sufficient to protect you from having to pay for any part of the accident from your own funds.  (Any settlement over and above the amount of insurance you carry can cause you to be sued, personally, to pay for the amount of loss in excess of the amount of insurance you carry).

Many people think that carrying to minimum liability coverage saves them money.  However, if they cause a severe accident and there is not enough insurance to cover the loss, they will become the loser.  The perception is that by increasing their auto liability limits their premium will increase proportionately.  This is not true.  It is possible to carry higher limits without seeing a huge increase in premium.

When selecting the amount of liability coverage keep in mind that you are protecting yourself as well as the other person.  You can be helping yourself, and the other guy, by bumping up those liability limits.

 

Posted 2:58 PM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2017
  • 2013


View Mobile Version
Facebook
LinkedIn
Twitter
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
© Copyright. All rights reserved.
Powered by Insurance Website Builder