If you’re like most people, chances are you want to get the best value possible out of your purchases — especially things you have to have by law, such as auto insurance. But what some people don’t realize is that the "best value" and the "lowest price" are not the same thing. In fact, in many cases they are polar opposites.
When it comes to auto insurance, there are serious limitations on state liability insurance. Currently, it is estimated that one out of every seven drivers on the road is not insured. If there wasn’t a law demanded some sort of coverage the statistics would likely be far worse. If you have only the state limit of liability insurance, your insurance will not pay for damage to your own car or for medical bills you incur if an accident is deemed to be at least partially your fault.
But even if you walk away "without a scratch" and the other driver or their passengers are injured enough to be put in the hospital those bills can climb very quickly, and you can be sued for what the insurance doesn’t cover. In some states total accident coverage might be around $20,000, and a week in the hospital can easily cost $100,000 or more.
Fortunately, there is always the option to purchase additional liability coverage or comprehensive coverage that will cover your own injuries and damage to your vehicle. By working with Lou Aggetta Insurance Services, you can look at a clear picture of your risks and make an informed decision on what insurance package will offer the best value for you. Visit Lou Aggetta Insurance Services for more information on finding auto and other insurance options.