When it comes to on-the-road protection, many drivers mistakenly believe that “full insurance coverage” guarantees complete protection in the event of an accident.
Unfortunately, this is a common misconception that can put Atlanta drivers at a serious disadvantage if an accident happens.
Leading Atlanta personal injury lawyer and frequent Schneider Williamson collaborator Jeff Klein shared with us how insurance companies use the legal definition of “full coverage” to protect their bottom line, as well as what Atlanta drivers need to know to be truly protected on the road.
What Does Full Insurance Coverage Really Mean?
“Full coverage” is a sales term often used by insurance companies to describe policies that meet the minimum state requirements.
In Georgia, this typically includes liability coverage for bodily injury and property damage to others and coverage for your own vehicle in case of an accident.
However, these minimum limits may not be sufficient to cover significant damages or injuries. A serious accident could exceed these limits easily, leaving you personally responsible for the remaining costs.
In simple terms, when something bad happens, you want to have the best insurance coverage possible. And instead of focusing solely on the lowest premiums, drivers should prioritize comprehensive coverage that truly protects them and their families.
What True Protection Looks Like
True insurance protection kicks in when the unexpected happens. To protect yourself on the road, consider adding or increasing these crucial coverages:
- Uninsured/Underinsured Motorist Coverage: This is vital, especially in Atlanta. Many drivers are uninsured or underinsured. This coverage protects you if you’re hit by someone without adequate insurance or if you’re in an accident where the other driver’s insurance doesn’t fully cover your damages.
- Medical Payments Coverage: Even with health insurance, deductibles can be exorbitant. Medical payment coverage helps cover medical expenses out-of-pocket, bridging the gap before your health insurance kicks in. Klein recommends purchasing an amount equal to your health insurance deductible.
Prioritize Protection Over Price
When you choose to increase your insurance protections, it may feel a bit like a waste of money. The cost of inadequate coverage, however, can be far greater than the premium.
When faced with a serious accident, the consequences of insufficient insurance can be devastating – financial ruin, long-term medical debt, and even the inability to provide for your family.
Don’t Fall for the Full Coverage Trap
In Atlanta, true insurance coverage goes beyond the bare minimum.
Protect yourself by working with an experienced insurance agent and consult an Atlanta personal injury attorney like Jeff Klein to ensure you have coverage that truly meets your needs to protect you and your loved ones in the event of an accident.
Click here for a free consultation to discuss your car accident or personal injury case.
