Sep
14
2011
Robert L. Mertig, Claims Consultant
Author: Claims Consultant Robert L. Mertig
Many states have minimum limits for automobile liability insurance. In Virginia, this minimum is $25,000 per person and $50,000 per accident.[1] Because car insurance can be expensive, many people are tempted to purchase only the minimum. There are good reasons, however, to purchase limits that exceed the 25/50 state minimum.
First, the insurance company’s responsibility is to pay the limits of liability… [ read more ]
Aug
18
2010
Robert L. Mertig, Claims Consultant
Author: Claims Consultant Robert L. Mertig
In Virginia, we see many instances where the at-fault party has only minimum limits of automobile liability insurance coverage, and the injured party also has only the minimum limit of $25,000.[1] Under these circumstances, often the most you can recover — no matter how serious your injury or loss – is only $25,000.
Increasing your liability and UM (Uninsured Motorist) limits… [ read more ]
Apr
2
2010
Attorney Priscilla R. Woody
Author: Attorney Priscilla R. Woody
When I first meet a client who have been injured through no fault of their own, one of my first questions is: “How much insurance do you have?” Most clients answer, “I have full coverage.” However, when we review their declaration page and policy, the clients are surprised to learn that they have minimal insurance coverage on their vehicles. The confusion comes… [ read more ]
Aug
12
2009
Robert L. Mertig, Claims Consultant
Author: Robert L. Mertig
To purchase license plates or decals, you must certify that the vehicle is covered by the minimum insurance requirements or pay the “Uninsured Motor Vehicle Fee”. Insurance requirements also apply to antique motor vehicles. Virginia requires the following minimum coverage:
- Bodily injury/death of one person $25,000
- Bodily injury/death of two or more persons $50,000
- Property damage $20,000
The $500 Uninsured Motor Vehicle… [ read more ]
Mar
30
2009
Author: Elizabeth Morrell Allen
Attorney Elizabeth M. Allen
How much automobile insurance should you buy?
The answer is easy: As much as you can afford.
The primary reason to buy automobile insurance, both liability and uninsured motorist (UM) coverage, is to protect you and your assets. Your insurance company will almost never pay more in damages, to you or to a person you negligently injure, than the dollar amount of the… [ read more ]
Mar
4
2009
What About My Car?
You may or may not have had severe injuries after your unfortunate car or truck accident but WHAT ABOUT YOUR CAR? If your car was damaged and the accident was not your fault, here are some guidelines to help you in dealing with the insurance companies and getting your car repaired.
What is covered?
You are entitled to payment for any damage done to… [ read more ]
Feb
17
2009
The economic news is going from bad to worse and we find ourselves looking over our shoulder for what comes next. What comes next could be an out of control car coming into your lane.
There’s not much you can do to prevent a car crash caused by someone else, but there is a lot you can do to protect yourself from the consequences of being hit by an uninsured or underinsured motorist.
The economic downturn… [ read more ]
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