Start the New Year Off Right: Review Your Auto Insurance

reviewing your auto insurance

As we usher in the New Year, many people make resolutions – things that they want to start, improve, fix, or change during the next 365 days. I have a few New Year's resolutions myself.

A lot can happen in a year, and you may even encounter some unexpected events…like a car accident. We often drive our cars without even thinking that a collision is a possibility. Car accidents are stressful, and they can wreak havoc on your life.

That's why it's so important to make a New Year's resolution that can have a lasting impact: Review your auto insurance policy and make sure you have adequate coverage to protect yourself and your family.

Many people don't know what types of Pennsylvania auto insurance coverage to buy, or how much you need. That's why I want to share this 5-part blog series with you. Each blog will focus on a particular insurance topic: Recommended Coverage, Bodily Injury Liability and Medical Expense Benefits, Full Tort vs. Limited Tort, Uninsured/Underinsured Motorist, and Ways to Save on Insurance.

Remember, you can change your auto insurance policy at any time. All you need to do is contact your insurance agent. Hopefully this blog series will help you to understand Pennsylvania auto insurance a little more. Happy New Year!

Recommended Coverage

  • Tort Option – allows you to file a claim for pain and suffering if you're injured in a car accident Recommended coverage: Full Tort
  • Bodily Injury Liability - provides protection if a person files a claim against you because you injured them or were responsible for an accident that killed a family member Recommended coverage: $100,000 per person, $300,000 per occurrence
  • Medical Expense Benefit – provides coverage for your medical bills if you're injured in an auto accident Recommended coverage: $10,000
  • Property Damage Liability – provides money to pay claims if your car damages another person's property Recommended coverage: $25,000
  • Income Loss – provides compensation to make up for time off work if you're injured in an auto accident (after the first 5 days) Recommended coverage: $1,000 month and $5,000 in total coverage
  • Uninsured/Underinsured Motorist – provides protection against drivers who are uninsured or underinsured and won't be able to pay for damages even if they're responsible for an accident Recommended coverage: $100,000 per person, $300,000 per occurrence
  • Stacking of Limits – increases your coverage when you have more than one vehicle on the same policy and choose to stack your coverage; your Uninsured/Underinsured Motorist coverage equals the sum of the coverage for all the vehicles: $100,000 x the number of vehicles in the household Recommended coverage: Stacking of coverage
  • Funeral Benefit – provides compensation for funeral expenses if you suffer fatal injuries from a car accident Recommended coverage: $1,500

Coming up next
Bodily Injury Liability and Medical Expense Benefits: Why Are They So Important?