the ultimate car insurance buying guide
TRANSCRIPT
BUYINGGUIDE
ULTIMATE CAR INSURANCE
“IN NO FAULT STATES, IT DOESN'T MATTER WHO
CAUSED THE ACCIDENT"
Your insurance policy is what covers your own medicalbills. Having plenty of coverage in personal injury
portion is important to make sure you have coveragewhen you need it.
New Jersey coverage ranges as muchas 250,000, to as little as 15,000 per
person. In Pennsylvania coverage canbe as little as $5,000 per person.
Personal injury coverage is availableto anyone named on the policy and
anyone living under the policyholder's household. Although it is
tempting to choose a lower coverageto save money you will end upspending more money, if your
involved in an accident.
Our law firms stronglyrecommends choosing
more coverage than theminimum offered by the
insurance company.
DEDUCTIBLESThe amount of money you have to
pay before insurance pays
Be careful about choosinghigh deductibles - it willmake your premiums lower,but you will have to pay ahigher deductible before theinsurance company pays.
In the state of NewJersey, you have tooption to use yourhealth insurance as
the primary source ofcoverage for medical
care if you areinvolved in an
accident.
Our office stronglyrecommends choosing
Personal Injury as yourprimary medical
coverage.
Reasons why you might choose tonot use your health insurance over
car insurance:
It limits what doctors you can seeIf you have insurance through medicare or
medicaid you are not eligible for thisoption
If you choose health insurance as yourcoverage and don't have insurance at thetime of an accident you will have to pay a$750 penalty and you will still have to pay
a deductible.
LOSTWAGES
Our firm recommends gettingcoverage for lost wages and enoughto support your family.
You can obtain coverage for lost wages
through your insurance policy. You might
think that lost wages coverage might
already be included, but sometimes it is
not. It is smart to have to keep your family
financially stable.
L A W S U I T S
In New Jersey and in
Pennsylvania, drivers can
choose whether to pay more
and preserve their rights to
sue or to let the insurance
company limit their rights to
sue for pain or suffering.
Bodily Injury& Liability
In New Jersey andPennsylvania motorist must
carry liability and bodily injuryinsurance. This insurance
protects you and your assets,as well as compensates the
other parties involved.
Our firm Recommendshaving at $100,00 in
coverage for bodily injuryand liability. If you have ahome you will need more.
U N I N S U R E D O RU N D E R I N S U R E D
M O T O R I S T
I F Y O U A R E W O R R I E D A B O U T T H E O T H E R
P A R T I E S I N V O L V E D I N S U R A N C E T H E N Y O U
S H O U L D C O N S I D E R U N I N S U R E D A N D U N D E R
I N S U R E D M O T O R I S T C O V E R A G E . T H I S W I L L
P R O T E C T Y O U A G A I N S T M O T O R I S T S T H A T
H A V E L O W O R N O C O V E R A G E .
P R O P E R T YD A M A G E
T h e r e a r e d i f f e r e n t t y p e s o f p r o p e r t y d a m a g e
c o v e r a g e f o r y o u r v e h i c l e , t h a t w i l l p r o t e c t
i t i f i t g e t s d a m a g e d . T h e i n s u r a n c e c o m p a n y
w i l l e i t h e r p a y t o h a v e i t f i x e d o r i f s e v e r e ,
p a y t h e v a l u e o f t h e v e h i c l e .
Our firm recommendsto choose the lowest
deductible ifpurchasing property
damage coverage
Personal Injury Attorneyswww.myinjuryattorney.com
856-778-5500
Console &Hollawell