Everyone wants to save money on car insurance, but it’s also important to have the necessary coverage in case of an accident. Many people are unaware that they have gaps in their coverage – until they need to make a claim. Understanding the different kinds of coverage and when they apply will help you make better decisions about purchasing car insurance.
If you have an accident where you’re not at fault, you may struggle with collecting damages from the other party’s auto insurance carrier. Don’t hesitate to contact a Georgia car accident lawyer sooner rather than later to protect your legal rights.
In the meantime, here are some car insurance tips to help you get the most value from your insurance policy:
We get it – everything is more expensive these days, and you need to find somewhere to cut back. Unfortunately, doing so with car insurance can mean you aren’t fully covered in some accidents.
Georgia law only requires drivers to carry $25,000 each in bodily injury liability and property damage liability. It’s important to understand that liability insurance covers damage you do to others in an accident, not your own damages. So if you cause an accident and have minimum coverage, your auto insurance should pay for the other party’s medical bills and car repairs, up to $25,000 each.
But what about you? What if you were also hurt in the accident and your car is wrecked? Your liability insurance will not cover that, and you’ll have to foot the bill yourself.
If you watch TV at all, you’ve probably seen a lot of car insurance commercials. Some of them brag about saving you money by combining home and auto insurance. Others promise “accident forgiveness” or better rates for being a safe driver. Then there are the funny ones that show people having mishaps, followed by an ominous explanation of how those things won’t be covered with the wrong insurance. The implication is that you’ll be fine if you just buy insurance from their company, but in reality, your coverage has little to do with the company you choose and everything to do with the specific kinds of coverage you buy.
The fact is that most car insurance carriers will offer a discount for buying multiple policies or being a safe driver, and many will offer forgiveness for your first accident. You can also get coverage for a wider variety of accidental damage if you buy the correct type of policy. But do you know the different kinds of insurance you can purchase? Here’s a quick rundown:
In some cases, yes. For example, MedPay will usually cover any medical bills not covered by the at-fault driver’s insurance. UM/UI policies come in two types, stacking and non-stacking. Stacking policies will give you additional coverage that “stacks” on top of the other driver’s coverage. So if they have $25,000 in bodily injury liability, and you have $25,000 in a stacked UM/UI policy, and your medical bills come to $50,000, you should be able to get them all covered.
However, if you have a minimum non-stacking policy, it will only guarantee that there is $25,000 in bodily injury liability available to you. If the other driver’s policy pays that, the non-stacking policy pays nothing. It’s important to read your policy carefully to understand what kind of coverage you have.
Yes. No one is perfect, and even the best drivers can make a split-second mistake that leads to an accident. Additionally, MedPay and Collision are helpful in situations where you may not be at fault, but find it difficult to prove due to a lack of evidence.
We recommend that you first decide exactly what kind of coverage you want – X dollars in liability coverage, X dollars in collision, X dollars in comprehensive, X dollars in MedPay, X dollars in UM/UI, etc. Remember that $25,000 is simply the minimum – you can purchase larger amounts of coverage for a higher premium. Then make sure you get the rates for that exact coverage from each company you talk to. Get the quote in writing and verify that everything you want is included. People who aren’t familiar with the different types of insurance get quotes for different kinds and amounts of coverage from different companies. For example, one might give you a rate that includes Comprehensive and MedPay coverage, while the other might give you a rate without those policies.
Attorney Ali Awad is no stranger to taking on big insurance companies and fighting for his clients. He founded the CEO Lawyer Personal Injury Law Firm and rapidly turned it into the fastest-growing law firm in the country, topping 499 others. When he’s not helping clients, he shares legal know-how with more than a million followers on social media. For a free consultation about your car accident, please contact the CEO Lawyer Personal Injury Law Firm today.
Sometimes even with good coverage, you may find it challenging to get an insurance company to pay your claim for various reasons. If this happens to you, please contact the CEO Lawyer Personal Injury Law Firm for a free consultation to learn about your options. Call us today at 833-254-2923.
Tell Us More About Your Injury Below So That We Can Get You The Most Money
After a personal injury, you're bound to have legal questions. The CEO Lawyer Ali Awad can provide you with answers to these questions, just as he's given answers to his millions of curious social media followers. Take a look at some of the most common personal injury law questions for general information, and then reach out to one of our seasoned attorneys for specific guidance on your case!
To quickly resolve matters following an accident, insurance companies will offer you less than you deserve in compensation for your injuries. Many victims feel pressured to accept these offers as the bills begin to pile up, but that is rarely a good idea. The insurance company is looking to protect its bottom line; and will offer injured victims less than they deserve. An experienced personal injury attorney understands how to negotiate with the insurance company and can look out for your best interests by getting you the compensation you deserve after an injury. If you or a loved one has been injured in an accident, it is important to avoid negotiating or providing recorded statements to the insurance company without first seeking help from a qualified personal injury attorney.
The best way to determine if you have a personal injury case is to speak with a knowledgeable attorney. Our legal professionals have the expertise to evaluate your case and determine a strong legal strategy so that you can obtain the greatest amount of compensation possible under the law. We will enlist investigators, assistants, and other specialists to collect accident reports, speak with witnesses to your accident, and put together a plan. While you focus on your physical recovery, we will remain committed to fighting for the compensation that you deserve.
Accident victims have a limited time to file a personal injury lawsuit. This time period is referred to as the statute of limitations, and in Atlanta, it lasts only two years. This means that if you or a loved one has been injured in an accident, you have only two years to pursue a personal injury suit. If you wait too long to reach out to an experienced attorney, you might be forever barred from seeking the compensation you deserve.
During your initial consultation with CEO Lawyer team, we will go over the important details of your personal injury accident, which include the nature and extent of your injuries, how your injuries have impacted your ability to earn a paycheck, the cost of your medical treatment, and whether further medical treatment will be required. We will answer any questions you might have, as well, in regards to our experience, our track record of success, and what to expect from the legal process. Many personal injury victims wonder if they will be able to afford the legal fees required to pursue a lawsuit. CEO Lawyer injury and accident attorneys will not ask for any type of upfront fee unless we are successful in obtaining compensation for you. That means that if you have been harmed in a motor vehicle accident, slip and fall accident, defective product accident, or any other type of personal injury accident, you can absolutely afford to contact our law office today for assistance. In fact, you cannot afford to wait. Reach out today. We understand that some accident victims might have already obtained the assistance of an attorney but may be dissatisfied with the services provided. We are standing by and prepared to help you change legal representation, regardless of where you are in the process.
If you or a loved one has been injured in any type of personal injury accident, you should not hesitate to speak with the experienced attorneys at CEO Lawyer personal injury law firm. Call, email, or fill out our online contact form today so that we can begin helping you pursue the compensation you deserve.