Every state has a minimum insurance liability requirement to operate a motor vehicle legally.
Unfortunately, because it is a lengthy process to change and implement new laws, which reflect the current economy; the state minimum may not be enough to protect you and your assets if you were to cause an accident. For example, in the state of Ohio, the state minimum liability requirements are 25/50/25. The first two numbers refer to bodily injury liability limits and the third number refers to the property damage liability limit. Let’s consider the third number. If you only had the state minimum liability coverage and caused an accident, you would only be covered for $25,000 for property damage.
But according to the Consumer Federation Of America, “A typical new car costs $28,000.” If you are not adequately covered by your insurance, you may be personally sued, which would put your future earnings and personal assets at risk. You could end up paying for one accident for the rest of your life!
Don’t drive underinsured, peace of mind is priceless. Let me shop around for you, I have access to over ten insurance companies with different discounts to help reduce monthly premiums. Call me today at 800-598-6806 Ext.2079