Having car insurance is essential if you plan on driving your car. If you go on a road trip, you may also want to purchase a personal insurance policy that will protect you if an accident occurs. A personal insurance policy will protect you over and above your traditional car insurance coverage. No matter where you go on your trip, your policy will be there to protect you. It will also give you the peace of mind you need to feel secure. To be safe, however, always check your car insurance policy before you set out on a trip.
The Benefits of Personal Insurance
There are several benefits to having a personal insurance policy. First, it protects you and your assets if your auto insurance doesn’t provide enough coverage to take care of any damage that might result from an accident. Besides, it takes care of any damage that you are found responsible for, whether it is the result of a car accident or not. While your homeowners’ policy might cover part of your personal liability, it won’t necessarily extend to extra damage arising from a car accident.
Is Minimum Coverage Sufficient?
Every state has a minimum amount of auto insurance coverage required to drive your car legally on the road. However, in most cases, that minimum amount of coverage is not enough to sufficiently protect you or your loved ones. Besides, the damage caused to another person or their property may be quite extensive and go far beyond what your minimum coverage will take care of.
Bodily Injury Liability
Bodily injury liability is the amount you will owe to cover another person’s injuries if they are hurt in an accident that you caused. Medical expenses will mount rather quickly, sometimes eclipsing your mandatory coverage amount in a very short period of time. A few simple medical tests may put you well over the amount your insurance covers, leaving you to pay the rest out of pocket.
Property Damage Liability
Property damage liability can also be rather expensive. While it may not add up as quickly as medical expenses, it can still surpass the amount of minimum coverage you have. Covering the additional cost with a personal insurance policy is the best option for both personal injury and property damage liability.
What’s Best for You?
It’s important for you to take stock of what you need when it comes to your auto insurance. If you feel that you need additional coverage to supplement your state’s mandatory minimum, talk to your insurance agent about a personal policy. They can help you understand your responsibilities and also help you find a personal policy that will help protect you against financial loss.
A personal insurance policy can be a lifesaver if you are on a summer trip and have an auto accident. While you may have the minimum amount of insurance in place, it may not be enough to protect you. Call the agents at Northeastern Group LTD if you have questions. With years of experience, we can offer you sound advice on how to protect yourself with a quality personal insurance policy.
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