How Blind Spots Cause Auto Accidents & Who’s at Fault
Posted in: Car Accidents
KNR Legal Blog
When you make big purchases, you understand the importance of protecting them in case of an accident, theft, or act of Mother Nature. That is why after you pay the mortgage each month, you pay for your homeowner’s insurance. After you pay your auto loan, you pay your auto insurer. In addition to protecting your assets, you also want insurance to protect yourself. If someone is hurt in your home or you cause a car accident, the injured individual may look to you and your assets for compensation. Your insurance handles this issue for you.
However, it is all too easy to pick out policies at one point in your life and simply keep paying the bill month after month without re-evaluating your needs. As your life moves forward and your assets grow, you need to take a look at your policies to make sure they cover what you have now, not what you had a year or two ago. In most cases, you will need to increase your insurance coverage over time. Otherwise, when the worst happens, your insurer may not be able to help in the way that you need.
If you are currently facing issues after not having enough insurance coverage, do not hesitate to reach out for help. The Ohio personal injury attorneys of Kisling, Nestico & Redick are here to learn about your situation and guide you through the next best steps. Call today at 1-800-HURT-NOW to schedule a free consultation and learn more.
There are certain life milestones that trigger a need to re-evaluate your insurance coverage and potentially increase your policy limit or add a rider. These include:
Ohio requires you carry bodily injury liability coverage of at least $25,000 for one person or $50,000 for everyone injured during one accident. You must also purchase at least $25,000 for property damage you cause to other vehicles or property in an accident. If your budget enables you to purchase policies with greater limits, you should. The legal minimum for auto insurance is quickly surpassed in moderate-to-severe auto accidents.
These policies will not cover your own damages after an accident, which means you could be left high and dry after a single vehicle accident or a hit-and-run. If you want additional insurance, you will need to look into collision, comprehensive, GAP, uninsured, and underinsured coverage.
Your homeowner or renter policy is more important than you may realize. It is not simply there to protect your roof when it is damaged in the storm – though that is important. These policies can ensure you are able to rebuild your entire life after a major natural disaster like a flood, tornado, or fire, including purchasing new clothes and furniture. It also protects you when someone is hurt on your property and needs medical expenses covered. If a guest or service person is hurt in your house, on your sidewalk, or in your pool and you do not have enough insurance, you will face a lawsuit.
As you earn more money and purchase a greater number of valuable assets, your insurance coverage needs to reflect your current finances and estate. If it does not, you can find yourself in a tough financial position because you have been hurt and have no way to recover your out-of-pocket expenses or because someone else has been hurt and is holding you responsible.
Whatever your situation, the Ohio personal injury attorneys of Kisling, Nestico & Redick are here to help. We have the experience and resources you need to navigate a wide range of legal situations, including insurance coverage issues. Call us today at 1-800-HURT-NOW to schedule a consultation.