If your car insurance is cheap, it may not protect you when you need it most. To avoid a lawsuit, you need liability auto insurance.
How does this keep you safe from lawsuits, and why? In this guide, we’ll reveal the answers.
What’s Wrong with Cheap Car Insurance?
Cheap car insurance might sound great. After all, who doesn’t want to save money on their bills?
However, choosing the least expensive insurance option can do more harm than good. In the worst-case scenario, you’ll end up becoming a victim of an insurance scam.
That’s right–sometimes, cheap insurance doesn’t insure you at all.
You can apply for coverage through a website that looks real and offers cheap rates, only to later find out you were never covered at all. Your premiums might be lining a scammer’s pockets, with you none the wiser.
Spending a little more for insurance from a reputable source helps you avoid this danger.
However, even if you aren’t a victim of a scam, there are other issues with cheap car insurance. An unprofessional agent might inflate the cost of coverage and pocket the extra money. You’ll be covered, but you won’t be paying a fair price for how little you get.
You also might find that you’re not covered when you need it most. Whether it’s because your insurance company was a scam, or simply that the company doesn’t cover common accidents, you’ll be putting yourself at risk for a lawsuit.
Make sure you have the right insurance when you need it–and avoid getting sued–by investing in liability auto insurance.
Why You Need Liability Auto Insurance
Liability auto insurance is the kind of insurance that most states legally require. If you don’t have it, you may not be driving legally.
Liability insurance covers the results of accidents, including medical care, property damage, and missed work. If someone is injured in an accident with you and they miss work, insurance will make sure they still have enough money to live on.
However, if you have a cheap, subpar insurance policy, their missed days won’t be covered and they’re likely to sue you because of it. As long as you have liability coverage, you won’t need to worry about a lawsuit. Your insurance legally protects you.
What Doesn’t Liability Insurance Cover?
Although liability insurance is important to prevent lawsuits, there are a few things it doesn’t cover. You might want to add other types of insurance to get the full coverage you need.
One thing that’s not covered by liability insurance is damage to your car. In an accident, only the other car’s damage will be covered. However, you can get collision coverage to make sure the costs of your repairs will be taken care of no matter who’s at fault.
This kind of insurance also won’t cover your own injuries. You can get medical payments coverage to help with that.
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Are you concerned that your current insurance won’t protect you from a lawsuit?
We can help. Contact us today to get the coverage you really need.