auto insurance des moines iowa
Most people think, so I never going to happen, but car accidents are the # 1 cause of accidental death and disability over 6 million of accidents each year, causing 3 million injuries and more than 42,500 deaths. That means that you have a better than 98% chance of entering a car accident during his life. Each year hundreds of Iowans are permanently disabled and killed in traffic accidents caused by drivers with little or no insurance. What residents Iowa many do not know is that Iowa law only requires $ 20,000 in insurance coverage for bodily injury. Given the rising costs of medical care, that barely covers a trip to the hospital and follow-up care. Statistically, nearly 12% of Iowans carry no insurance no car and it is estimated another 70% of Iowans do not have enough. As the economy slows, fewer Iowans are still buying insurance for your car.
What if you are involved in a car accident with a driver medical insurance and can not return to work? What can you do to protect and your family from irresponsible drivers and uninsured? Insurance companies probably have not told you, but I will and I do not sell insurance. I found that what most of Iowans do not know is that uninsured and underinsured motorist insurance coverage is the automobile insurance that only protects them and their families. What $ 20,000 / $ 40,000 mean, anyway?
Each time the auto insurance coverage is expressed as $ 20,000 / $ 40,000 or $ 300,000 / $ 500,000, the policy is saying what coverage is available "per person" injured in the accident and what total coverage is available to all people who were injured in an accident. So if you have $ 20,000 / $ 40,000 coverage, each injured person would be covered up to $ 20,000 but the total coverage available for the accident is only $ 40,000. If four people injured in the accident, most anyone who is paid $ 20,000, but the five people who would share the total of $ 40,000. In this situation, if one person damages exceeded $ 20,000, or if the total demand of all persons in the accident exceeds $ 40,000, you could be personally liable for what the policy of not paying.
Do you know how much coverage you have to protect you and your family? My experience is that most non-Iowans. If you have enough uninsured (UM) / underinsured (UIM) motorist coverage and a driver who has no insurance or insurance or not enough damage to you or your family, your insurance company will pay for your damages up the limit of insurance coverage you purchased. Uninsured (UM) motorist coverage is also very important because if you are the victim of a hit and run " and the other driver is not caught, your UM coverage will provide protection. Well, how much does it cost? A recent survey of leading insurance companies shows that for most Iowa drivers the difference between $ 20,000 and $ 500,000 in coverage is less than one dollar a day. The cost for increased coverage ranged between a minimum of $ 15 per day to a maximum of $ 72 per day.
This article contains general statements, not intended as advice legal or legal opinions and does not create an attorney-client relationship. Do not act or rely upon the information in this article without seeking the advice of an attorney because changes in the law occur frequently and should consult an attorney regarding your particular case.
About the Author:
I offer a FREE Book entitled “How to Buy Car Insurance to Protect You and Your Family”? Why offer a Free Book? Because I believe that all Iowans should have the right information to make informed decisions when they are buying car insurance. Also, I have had too many clients who did not have enough insurance before their accident which resulted in them losing thousands of dollars. Log onto http://www.IowaInsuranceBook.com .
Article Source: ArticlesBase.com – While the Economy Slows Down Why Should You Increase Your Car Insurance Coverage?
Iowa Automobile Accident Lawyer Des Moines Attorney
