The State of Arizona requires people who operate motor vehicles to have insurance. Across the nation, mandatory car insurance laws protect people who suffer a loss. Many drivers simply take out enough coverage to be able to drive, and minimum coverage may not fully protect you. That’s why at the Schaller & Thomas Family Insurance, our professionals are committed working with people of Phoenix, AZ to select a policy that properly protects you.
Minimum Cover is Just That
Arizona is a fault insurance state, which means that the negligent person pays for any loss in an accident. The minimum liability coverage is $15,000 per person for bodily injury and $30,000 total per accident. Consider for a moment the incredibly high costs of medical costs. If someone had to spend just a few days in the hospital for a head or neck injury, that modest amount of coverage could easily be exceeded.
If they needed surgery for an injury and follow-up rehabilitation, you could be staring at $100,000 or more in medical costs. Once your minimum coverage is exceeded, the additional costs would come out of your pocket. And if you lack the resources to pay, you could face a civil lawsuit.
Regarding property damage, Arizona only requires $10,000. Realistically, that would not cover the replacement of a new car. Again, you would become personally responsible once the insurance was exhausted.
Are You Properly Protected?
Regarding minimum coverage, the simple answer is: No. Minimum insurance does not necessarily cover damage to your vehicle or losses you might sustain. The state’s mandate protects others. Unless you take out additional insurance, you are financially on your own.
It’s important not to fall into the minimum insurance trap. Things like collision, comprehensive coverage, uninsured motorist, medical coverage and other things should be considered when creating a policy. At Schaller & Thomas Family Insurance, we take pride in helping the people of Phoenix, AZ to put a policy in place that provides you with security. Our goal is to help you to protect yourself.