Thursday, January 13, 2011

Liability Coverage

With over 30 million automobile accidents every year and 40,000-50,000 of them resulting in death it is VERY important to make sure you and your loved ones have the coverage you need. Even though auto insurance is not something that we look forward to paying every month it will protect you in a major accident or catastrophe. By Colorado law every citizen that either owns or operates a vehicle must carry liability limits of at least 25,000/50,000/15,000. Which means the auto insurance will pay up to $25,000 of personal bodily injury per person in one accident, up to $50,000 of personal bodily injury per one accident and $15,000 total for property damage per each accident.
At CO Insurance Specialist we advise that our insureds carry higher than the state minimum requirements. We feel and have experienced that the minimum limits per person are far too low for our clients. With the price of vehicles, hospital visits and attorney fees on the rise you can imagine that even a minor accident can add up quickly.
We urge you to look over your current auto insurance policy and make sure your liability limits are higher than the state minimum and that you are fully covered in case of an accident. Although paying a little less each month may seem worth it now, think of what it would be to pay $5,000 to $50,000 out of your pocket all at once after a major accident.
For any more insurance questions or quotes please visit us online @ http://www.cisforyou.com/ or call us @ 1888-265-6467








Work Cited
"Noble Continuing Education." Personal Property Insurance. ED. houston: noble continuing education, 2005. Print.

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