You may be tempted to find the cheapest insurance policy on the market to cover your car or truck. Such a strategy may not be the best idea seeing as how not all indemnity policies are created equal. How much insurance do you need in Pennsylvania, though? Read on to find out!
State Minimum Limits
The state of Pennsylvania requires drivers to have at least $15,000 in bodily injury coverage per person. Drivers must also have property damage that pays at least $5,000 per incident. Pennsylvania is a state that requires uninsured motorist protection. Drivers must have at least $15,000 per person and $30,000 per incident in coverage.
How Much Coverage Do You Need?
Your liability insurance is a very important component of indemnity coverage. Liability assurance can prevent you from being sued if you have an at-fault accident. Imagine having everything that you own being placed on the line because you did not have enough assurance to protect you from such financial turmoil. This scenario could be a reality if you do not properly protect yourself.
The amount of auto insurance that you need depends on the value of your assets. You should not be convinced into thinking that your premium should decrease with the number of assets you own. In actuality, you should seek more coverage when you have a lot to lose. Everything from your home to your hefty bank account is up for grabs in a lawsuit.
Contact The Shay Agency in Wilkes-Barre, PA
The Shay Agency has experts who know about auto insurance. They can help you find the policy that works best for your situation. Call the Shay Agency in Wilkes-Barre, PA to get started with a quote!