Benefits of Full Coverage vs. State Minimums

When you purchase auto insurance in the state of Maryland, the state provides minimum requirements. Mid Atlantic Insurance Financial wants you to understand why sticking with those though, does not provide you with the full coverage you need to protect your vehicle.

In Maryland, you must purchase liability insurance to legally operate your vehicle on public roads. The minimum insurance includes:

• bodily injury coverage per person in the amount of $30,000,
• bodily injury coverage per accident in the amount of $60,000,
• property damage coverage per accident in the amount of $15,000.

Any accident in Laurel MD probably damaged both vehicles, but the state-required insurance only protects the other person’s vehicles and only pays for their injuries. You would need to pay out of pocket for all the repairs to your own vehicle plus your medical bills if you caused the accident. If police find you at fault for the accident, your insurance pays for the other people involved.

You can purchase collision insurance to cover the damage to your own vehicle. Even if you become involved in a single-car accident, this coverage pays for vehicle repairs. Similarly, if you were minding your own business when a tree fell on your car, comprehensive coverage pays for the damage. The combination of collision and comprehensive protects you against virtually every incident that can damage your vehicle, including deer running out in front of it.

Purchasing personal injury protection provides you with medical coverage regardless of who caused the accident. It covers your passengers, too. This works with any health insurance you have to cover all of your medical bills.

Contact Mid Atlantic Insurance Financial serving Laurel, MD to talk about full coverage auto insurance for your vehicle. We can help protect your financial future and provide you the insurance to pay for medical bills and car repairs if you get into an accident.