Do You Have Enough Car Insurance?

If you are relying on auto insurance minimums, you are severely underinsured.Do You Have Enough Car Insurance?

As a car owner, you know how important it is to have the right auto insurance protections in place. However, how do you know exactly how much insurance you should have? Here’s how you can tell if you are underinsured and how you can secure the additional car coverages that you need to protect yourself.

Underinsured?

In actuality, there is no set coverage amount that separates the well-insured from the underinsured. However, if you are relying on an auto policy that only satisfies your state’s legal insurance minimums, you are almost certainly underinsured. State auto insurance minimums provide only the barest, most basic forms of coverage, and relying on this coverage alone means that you probably won’t be able to fully cover any of the claims you might have to file. Keep in mind that you are financially responsible for covering whatever your auto insurance cannot. So, if you want to reduce your risk and avoid paying out-of-pocket for claims, consider raising your coverage limits.

Securing Additional Coverage

Luckily, securing additional auto coverages is as easy as calling your insurance provider. Not only can you increase your existing coverage limits, but you can also add additional coverages to your policy that you did not have before. For instance, ask about securing collision, comprehensive, medical payments, uninsured motorist, and roadside assistance coverages. If you are not sure how much you should increase your current coverage limits, ask your insurer for their expert opinion. They should be able to offer you several options and explain how each will affect your premiums. Any time you increase your coverage, you will increase your insurance rates. However, this is a small price to pay to ensure that you have the comprehensive protection that you need.

Interested in securing the comprehensive auto insurance that you need to stay safe?  Then contact the experts at Miller Carlisle Insurance Services.  Our dedicated team is ready to get you the coverage that you need today.

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