A lot of our clients are asking about the new insurance law and minimum liability limits.
As of January 1st, the minimum required liability limits for auto insurance have increased from $25,000 per person/$50,000 per accident to $30,000 per person/$60,000 per accident.
Fortunately, for majority of our clients this change will not impact them. This is because most of our clients carry much higher limits of liability.
At Knight Magee Insurance, we discourage carrying state minimum liability. Often, if you have selected state minimum limits on your auto policy, it means the same limits would apply to you and your family if hit by an uninsured driver. Our goal with every client is to ensure you are properly covered if sued and/or if injured by an uninsured or underinsured driver. If you carry state minimum limits, it leaves you vulnerable if you ever actually had to file a claim.
With that said, a lot of individuals may see changes to the cost of their insurance if they carried the previous state minimum limits and have since been increased to the higher limits.
At Knight Magee Insurance we understand your desire to find competitively priced insurance. We can shop with multiple carriers and find competitively priced insurance, without short cuts, without compromising coverage, and without leaving you vulnerable.
Currently carrying state minimum auto liability limits? Give us a call at 804-320-0129, email us at email@example.com, or upload your current policy here for a no obligation review. Talking through scenarios like these with your agent just might be the clarity you need to help make the best decision for you and your wallet!