You want to keep your family protected, but you know you can’t prevent all bad things from happening. That’s why it’s important to maintain auto insurance coverage for your family. Use this checklist to make sure you have the right coverage for your family’s needs.
- Is everyone covered? When you apply for car insurance, you need to list every driver in your household. When your teens get their driver’s licenses, be sure to add them to your policy as well.
- Are your liability limits high enough? In California, drivers are required to demonstrate financial responsibility in case they cause a crash. This is usually done by obtaining liability insurance that meets the minimum standards:
- $15,000 for injury or death to one person
- $30,000 for injury or death to two or more people
- $5,000 for property damage
Keep in mind that this is only the minimum amount of insurance required by state law. An accident could cause damage that exceeds these limits. If your teen causes a crash and totals another car, for example, the property damage could be much more than $5,000. For this reason, it’s smart to consider higher limits.
- Can you afford your deductible? People sometimes agree to higher deductibles in order to reduce their premium. If you’re in an accident, however, you’ll need to pay the deductible out of pocket. Make sure you’ll have the means to do so.
- Do you have uninsured and underinsured motorist coverage? Although auto insurance is legally required, many drivers let their insurance lapse. Often, they do this because they can’t afford coverage – which means they won’t have money to pay for damages out of pocket, either. If an uninsured driver crashes into you, uninsured motorist coverage will make sure your costs are covered.
- Do you have collision coverage? If you cause a crash, liability insurance will cover the damage incurred by the driver you hit, but you’ll need collision coverage to pay for your own expenses. Collision coverage is important if you damage your own car by hitting another vehicle or object and need an insurance payout to cover repairs.
- Do you have comprehensive coverage? Car crashes aren’t the only way cars get damaged. What if someone steals or vandalizes your car? What if it’s damaged in a storm? In situations like these, comprehensive coverage can cover the damage.
- Are you getting all the discounts you qualify for? It’s important to keep your family covered, but you don’t want to spend more than necessary. Make sure you’re getting all the discounts you qualify for, like good driver discounts and good student discounts.
- Does everyone have their insurance documents? All drivers need to be able to show proof of insurance. In California, it is possible to do this using electronic documents. Make sure your teen drivers know how to show proof of insurance.
How many boxes did you check off the list? If you’re not sure if you have great car insurance for families, contact Pronto Insurance for a quote!