[ Ссылка ] - Auto Insurance: What coverage do I need?

Ahhhh, auto insurance! Flip on the TV at night and you are inundated with commercials from various insurers promising the lowest rates or the best service around. But when it comes to auto insurance, its not just as simple as saving 15% or having an agent that you can reach by snapping your fingers. Auto insurance is a tricky thing. By law you have to have it. But what coverage amount do you really need?!?

First off, most Arizonans are not aware that our state has one of the highest incidences of motor vehicle accidents in the nation. If you have inadequate insurance, you expose yourself (and your loved ones) to liability should you ever get in an accident.

Arizona liability insurance protects you from liability if others are injured in an accident through your fault.

Arizona law only requires that you have 15/30/10 coverage amounts in liability insurance. Doesn't that sound more like a body size measurement than actual coverage amount? Let me explain in more detail. The 15 represents $15,000 in coverage per person (meaning the total your insurance company will pay to cover an injured person). The 30 represents $30,000 in coverage per accident (meaning the total amount your insurance company will pay to cover all persons involved in the accident). The 10 represents $10,000 in property damage coverage (meaning what your insurance company will pay for the vehicle itself).

Let me give you a hypo so that you can better understand how this all works. Let's say you were the cause of an accident and you have the Arizona state minimum coverage of 15/30/10. Now let's say that the vehicle you hit had two people in it. The driver was injured to the extent of $20,000 in injuries. The passenger was injured to the extent of $5,000 in injuries. The vehicle was totaled at a loss of $15,000. The total personal injury in the accident is $25,000 ($20,000 from the driver and $5,000 from the passenger). This is below the $30,000 coverage you have per accident, so you are in luck, right?? Wrong. Unfortunately, your $15,000 per person coverage would only cover the first $15,000 of the driver's injuries. This means that you are personally responsible for the other $5,000 for the driver. In addition, your Arizona state minimum coverage for property damage is only $10,000. The car you hit was valued at $15,000. This means you personally owe an additional $5,000 towards the car. So, this accident just cost you $10,000 in cash because you had inadequate coverage.

What is adequate coverage? At Holmes Negretti we recommend at least 100/300/100. This means $100,000 per person in liability coverage, $300,000 per accident, and $100,000 in property damage. This may sound like a lot, but when you consider how quickly medical bills add up and the fact that people are driving vehicles that are worth well more than $10,000 this is a simple choice.
Ultimately it's your choice. We simply want to protect you from personal liability should the unfortunate accident occur. Call 602-Injured or visit us at 602injured.com.

Safe driving!

-Holmes Negretti

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