Collision coverage covers the costs of damage to your vehicle caused by collisions with other cars or objects; comprehensive coverage covers theft or damage to the vehicle caused by events other than a collision with another car or object. How much coverage you need depends on the value of your vehicle.
Auto liability insurance is required in most, if not all, states, but the liability limits that drivers are required may not be enough to protect your assets. Even one serious injury caused by an accident for which you are liable could cost into the six figures, or more in extreme cases, just for medical expenses. And the amount only increases if there are more injured people. It’s easy to see that the $50,000 of per accident liability coverage required in many states would not be enough to pay all the costs of property damage and bodily injury. Auto insurance companies recommend that you have $100,000 of bodily injury protection per person and $300,000 per accident. If your personal net worth is more than $300,000, consider buying additional liability auto insurance.
Creative Insurance Solutions,
1321 N. Main Street,
Fuquay-Varina, NC, 27526,
919-557-9085,
info@creativeinsurancesolutions.com,
http://www.creativeinsurancesolutions.com,
http://www.youtube.com/watch?v=PyrWYIi8bng
