Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | The Hidden Drawbacks of Cheap InsuranceNevada Insurance Enrollment Explains Why Cheap Auto Insurance Doesn't Always Save Money
3 Hidden Drawbacks of Cheap Auto Insurance Coverage #1: An Accident Can Be Financially Devastating Car accidents can be expensive, and your auto insurance policy is your best protection against financial devastation if the unexpected happens. While state-minimum coverage is definitely better than no coverage at all, a high percentage of scenarios shows it's not enough for most drivers. What If You are Responsible for an Accident and Your Vehicle Is Damaged Bare-bones liability only coverage only covers the other person if you are responsible for an accident. It does not include comprehensive or collision coverage, meaning that if your own vehicle is damaged or totaled, you'll have to replace it or repair it completely out of your own pocket. It won't pay for your medical bills or lost wages or pain and suffering if you are responsible and only have state minimum liability. Your Liability Coverage Isn't Good Enough In Nevada, drivers have to carry liability coverage that includes: • $25,000 for bodily injury for one person in any one accident • $50,000 for bodily injury for two or more people in any one accident • $20,000 for property damage in any one accident While this sounds like a lot of money, if your responsible for an accident that seriously injures several people or if there are $40,000 in car repair expenses, you'd be financially responsible for any expenses beyond your policy limits. Read the full article: https://www.nevadainsuranceenrollment.com/ Learn more: https://www.nevadainsuranceenrollment.com/ Nevada Insurance Enrollment 4260 W. Craig Road suite #150-A North Las Vegas, NV 89032 (702) 898-0554 Website: NevadaInsuranceEnrollment.com End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|