It’s never a bad idea to review your car insurance policy to make sure that you are properly covered should you find yourself in a car accident.
Here are some types of coverage you should consider adding to your plan:
- Standard policy option. Don’t go with the basic policy option, because this will only give you the minimum protection required under state law. This probably won’t give you enough coverage in an auto accident.
- PIP primary. This coverage is offered by providers to help pay medical bills incurred in an accident. New Jersey is a no-fault state, so medical bills incurred in an accident are always going to be the responsibility of your provider, even if the other driver in the accident was the one at fault. PIP primary protection prevents your health insurance provider from being charged for your medical coverage
- “No limitation on lawsuit.” You don’t want to have your right to sue for pain and suffering damages to be restricted by cost-saving measures in your insurance plan.
- UM/UIM protection. Be sure to get both liability coverage and uninsured/underinsured motorist protection. Liability coverage protects you in the event that you cause an accident. UM/UIM protection affords you additional levels of protection in the event that another driver causes an accident and gets injured, and that driver does not have insurance coverage, was illegally driving without a license or was driving a stolen car.
- $250,000 PIP medical coverage. Insurance companies often try to get their customers to purchase policies that have low premiums and high deductibles, but if you find yourself in an accident situation you’ll likely be glad that you weren’t for a lower deductible, higher premium plan with PIP medical coverage.