As an independent, MA auto insurance agency owner, when someone has me take a look at their auto insurance, the first thing I do is look at their Part 5. Optional Bodily Injury to Others coverage.
It’s the Big Kahuna of coverage. It’s your lawsuit protection.
It’s the amount of coverage that’s available to another party if you injure them in an auto accident. It’s the amount of coverage available before the injured party (parties) can sue you for additional damages (assets).
In addition to coverage limits, insurance companies pay legal defense.
Let’s take a look at the MA Auto Policy:
Part 5. Optional Bodily Injury to Others
Under this Part, we (insurance company) will pay damages to people injured or killed in accidents if you or a household member is legally responsible for the accident. We will also pay dmages if someone else using your auto with your consent is legally responsible for the accident. The damages we will pay are the amounts the injured person is entitled to collect for bodily injury through a court judgement or settlement.
The MA Auto Policy continues with exclusions for business use, unlisted operators, and some other things but overall, this is the heart of your MA auto insurance coverage.
How much liability coverage do you have?
Is it enough?
Give us a call or a click (auto quote) and will offer you our suggestions.