Thursday, June 23, 2011
HAVING THE RIGHT TYPE OF AUTOMOBILE INSURANCE IS IMPORTANT
You're Injured, Now What?
An update to keep you informed on personal injury situations.
Having adequate automobile insurance is critical. California requires a minimal policy for liability insurance of $15,000.00 for a single claim and at least $30,000.00 for multiple claims. However, some of the most important parts of automobile insurance are not mandated by California law. They are optional. The uninsured/underinsured motorist portion of automobile insurance is optional. This is the insurance that pays out to the insured in the event that the other driver is either uninsured, or underinsured. We suggest that at a minimum the uninsured/underinsured motorist is at least at the same level as the liability insurance portion. One other aspect of automobile insurance that is often overlooked is the portion that provides for medical pay. This is the part of the policy that will reimburse you directly for out-of-pocket medical expenditures. Usually all that is required from your insurance policy is for you to provide copies of the receipts for which you have paid. The other requirement is that the payments relate to medical care caused by an automobile accident. The medical pay portion of your automobile insurance can be very helpful in minimizing the financial burden sometimes caused by medical payments for injuries arising out of an automobile accident. Medical pay policies can range from Two Thousand Dollars on up to One Million Dollars. While a policy for One Million Dollars is probably not needed for medical pay, a policy up to Fifty Thousand Dollars or more may be very helpful.
If you have any questions about having adequate automobile insurance, give The Law Offices of Kennith L. Peterson a call for a free consultation. If you are involved in an automobile accident and want to know what your rights are under your existing automobile policy check with the personal injury experts at the Law Offices of Kennith L. Peterson. We are the personal injury experts serving the communities of Placentia, Yorba Linda, Fullerton, Brea, Tustin, and Anaheim.