Safety First on Summer Roadways - Part 3

Crashes & Automobile Insurance

1. Remain clam if something unforeseen happens. Have an emergency plan in place. Know who to call and how to report unexpected situations.

2. Crash-related bodily injury and property damage can be costly. Individuals typically turn to an auto insurance company to share these expenses. It is important to verify proper insurance is in place before a crash occurs. In addition, liability insurance is required by law. Liability insurance pays the other party when you are legally responsible for the crash. Minimum limits are $25,000/$50,000 for bodily injury; $20,000 for property damage. Higher liability coverage may be necessary to protect your financial assets. Physical damage protection for your vehicle is optional, but lenders typically require it. Be familiar with policy terms, including your responsibilities when a loss occurs. Review coverage limits, vehicle specifics, and driver details to confirm proper insurance is in place. Look into buyback coverage for towing, rental cars, gap protection on leased vehicles, custom equipment, and more.