How you can tell if you are underinsured.
As a driver, you understand how important it is to have the right auto insurance protections in place. Unfortunately, many drivers are severely underinsured without even realizing it. Want to avoid dangerous gaps in your car coverage? Here’s how you can tell if you are underinsured and how you can secure the additional auto insurance coverage that you need.
In reality, there is no precise coverage amount the separates a well-insured driver from an underinsured one. However, if your auto policy only offers you enough coverage to meet your state’s minimum insurance requirements, you are almost certainly underinsured. State insurance minimums often have very low coverage limits and only include a small number of coverage options. This means that, if you are relying on these minimums, you will probably not have enough coverage to handle a claim. Keep in mind that whatever your insurance cannot cover will come out of your own pockets. So, if you want to avoid leaving yourself vulnerable to liability and financial risks, you need to secure additional auto coverages.
Getting the Comprehensive Coverage You Need
Luckily, increasing your auto insurance coverage limits is relatively easy. All you need to do is contact your insurance provider. If you are not sure how much you should increase your policy’s coverage limits, ask your agent for their professional advice. They should be able to offer you different options and explain how each will affect your premiums. Additionally, ask about securing additional types of auto insurance coverage. For instance, ask if you can add comprehensive, collision, medical payments, and uninsured motorist protections to your policy.
This is how you can tell if you are underinsured and how you can secure the additional auto insurance you need to stay safe. Do you have further questions regarding your auto insurance? Contact the experts at East End Insurance Agency for assistance today.