We’ve all heard the little green lizard and the lady with the apron talk about how you could save “hundreds” of dollars on car insurance in just a few minutes. Unfortunately, the true cost of cheap car insurance could be thousands of dollars after an accident and even cost you your car. These so-called “savings” are most likely created by stripping away very important insurance coverage. Fast talking agents and online savings tools often strip away valuable coverage from a policy in in order to create the lowest possible premium and monthly payment. “Cheap” car insurance policies often provide little to no protection from underinsured or uninsured drivers. They can leave you with unpaid medical bills or facing a lawsuit due to lack of bodily injury coverage.
A quick examination of a policy’s declarations page will let you know how well you are protected. Does the Personal Injury Protection, (PIP) benefit have a large deductible? Are lost wages included? Will the amount of property damage and bodily injury coverage protect you from a huge claim if you are at fault? Does the policy include sufficient Uninsured Motorist coverage if a negligent driver severely injures you, causes severe damage or even totals your car?
Be wary of discount insurance companies that create low rates by removing categories of coverage or by providing quotes with insufficient coverage amounts to protect you and your family. Our car accident lawyers are always available to help you understand your car insurance coverage and how much protection it can provide. For a free evaluation of your auto insurance policy, call or text us at (904) 358-3300 or email mcgrath@learnyourrights.com