Does your automobile insurance really provide you with adequate coverage? Many clients believe they have full coverage, but it turns out to be inadequate coverage. It is important to understand the policy that you are entering into and what it all means.

Here is what we recommend for coverage minimums:

Liability Coverage: $100,000 per person/$300,000 per incident
Medical Payments: $5,000/person
Uninsured Motorist (UM): $100,000 per person/$300,000 per incident
Underinsured Motorist (UIM): $100,000 per person/$300,000 per incident

One way to think about these coverage recommendations is this, if someone without insurance were to cause an accident that left you unable to work for a pro-longed period of time, would your uninsured and/or underinsured “per person” coverage be enough to compensate you for this loss? If the answer to this question is no, then you are not adequately covered under your automobile insurance policy.

Uninsured and Underinsured Motorist coverage is so important under your automobile insurance policy and often very inexpensive to make the change to ensure you and your family are adequately covered.

If you ever have questions about your insurance coverage, give us a call, we will gladly explain your coverage to you, and will give you our recommendation and opinions about your policies.