Major Flaws in Auto Insurance Policies
/We just again had another very serious automobile accident case come through our office where the insurance coverage of the at-fault party was seriously lower than the value of the injury claim.
Our client had over $125,000 in medical and rehabilitation bills in just the first few weeks after the accident, and the at-fault party has only $100,000 in coverage.
This rather horrible situation could have easily been avoided if our client had sufficient “un-insurance” and “under-insurance” coverage.
Getting a sufficient amount of this type of coverage is not very expensive. Ask your insurance broker about it.
Our suggestion is that you have at least $500,000 of this type of coverage. You never know if the other driver has any or sufficient insurance to cover your injury and losses.