All Pennsylvania drivers must buy car insurance. However, the minimum requirements set by law for liability insurance are generally inadequate to compensate a person for damages in all but very minor accidents. The minimum requirement for automobile liability insurance coverage is $15,000 per person and $30,000 per accident. If you are injured by a negligent driver, however, your total losses for pain and suffering, uncovered medical bills, wage loss, and out-of-pocket expenses can soon be much higher.
Pennsylvania insurance companies must offer UM/UIM (underinsured and uninsured motorist) coverage to their policyholders. I encourage everyone to purchase as much UM/UIM coverage as they can afford because it is your protection against being uncompensated or under-compensated after an accident. If the other driver has no insurance or minimum insurance, you can make a claim against your own insurance company for money up to the limit you purchased. For example, if the other driver had the minimum $15,000 policy limit and you purchased $100,000.00 of UM/UIM coverage with your own policy, in Pennsylvania you can collect up to $115,000.00.All Posts
By paying a little extra for “stacking” of your policy limits, you can afford even greater protection. Stacking multiplies your coverage limits by the number of vehicles covered by the policy. So Mom or Dad, if you are purchasing a policy to cover your vehicles and your kids’ vehicles also, get stacking. A policy with four cars, stacking, and the same $100,000.00 of UM/UIM coverage now provides up to $400,000.00 of coverage instead.
I have served clients where, regrettably, the combined insurance policies available were not sufficient to compensate them for significant injuries and reasonably assure them of necessary care and economic stability for the rest of their lives. In motor vehicle accidents, often the available insurance is the only source of a recovery. Don’t risk inadequate coverage by trying to save a few bucks on insurance premiums.
If you or a family member are injured in a car accident, please give us a call. We can determine what auto insurance policies are available to cover your damages. It is our goal to your life back on track and give you peace of mind.