Maybe you have auto insurance coverage now but do you ever wonder if its enough if you are unfortunate enough to get into a car accident? Some people carry a combination of auto insurance coverages because carrying too little coverage can cause you to be paying for the rest of your life under certain circumstances. Of course everyone has to have basic liability coverage, which is usually worth up to $50,000.00 for any single personal injury.
This goes as high as $100,000.00 for everyone involved and even though it might seem like a lot, this is not a lot of money given a nasty accident where medical bills, lost wages, and compensation for pain and suffering is involved.
With auto insurance the more coverage you purchase the cheaper it gets. This means that your cost goes up a little on your auto insurance coverage while your protection goes up proportionately more. This will pay off big time in the case of an auto accident and insurance settlement. It is the safety umbrella that you will need to avoid worry and stress from a stressful situation to begin with.
There are accidents that are serious enough to cost as high as a million dollars or more in a...