Being an Insurance Agent in San Antonio TX, I help people with San Antonio Auto Insurance and San Antonio Motorcycle Insurance˳ Many customers always ask me how they can protect themselves without having to sacrifice coverage˳ I’m going to tell you why its important to carry the proper amount of coverage and how to do it inexpensively˳
A good friend of mine involved in a really bad accident that totaled her vehicle and caused over $300,000 worth of injuries˳ The driver who hit her did not have any coverage˳ When this happens your own uninsured motorist coverage typically kicks in and covers you up to what ever limit you select˳ Unfortunately she carried a minimum limit of $25,000˳ This lower limit left her gravely underinsured˳ The sad thing is her agent never told her she was carrying the minimum˳
So what would you do? Sue the guy that didn’t have insurance? Well if he wasn’t carrying insurance you think he will have any money to give you? Probably not˳ So you need to make sure you do two things˳ Carry a high enough liability limit to protect you financially and keep you from losing your acquired wealth˳ I recommend that you match your liability to your financial wealth and any future income˳ You then need to make sure that you match your uninsured motorist coverage to your liability limit˳
For example, if you carry a limit of 300k for bodily injury on your liability then match your uninsured motorist bodily injury coverage to this˳ This will help ensure that you are covered properly and minimize or remove any gaps in your coverage˳ If my friend had paid just a few more dollars a month she would not be in the predicament she is in now˳ She is currently on the hospital’s payment plan for the next 20 years˳
You might be saying “I don’t want to pay more for insurance, I just want to save money!” What i say to that is NO PROBLEM˳
The quickest way you can save money and get great coverage is to shop with an Independent Agent˳ A good Independent Agent can broker through multiple insurance companies and get you a great deal on your insurance coverage˳ Make sure that they also specialize in insurance in your area˳ Dealing with a local expert can save you lots of cash and get you good coverage at the same time˳
So in order to carry the most important coverage correctly and inexpensively you need to:
- Match your Liability limit to your financial wealth and future income, to make it easy remember to speak to a good independent agent that can calculate this for you
- Match your uninsured motorist coverage to your limit of liability
- Speak to an Independent Agent in your area that specializes in Auto or Motorcycle Insurance
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