Understanding Car Insurance Coverage Limits In Massachusetts
Western Mass Auto Insurance does more than help drivers obtain car insurance. Anyone can do it. We will help you choose the right policy that provides the right coverage to ensure your family is protected.
We help people understand Massachusetts car insurance limits. This information provides a general description of basic concepts in auto insurance. This information is not meant to cover every exclusion and condition of an insurance policy. Your agent at Western Mass Auto Insurance should discuss your specific needs. Keep in mind that the actual coverage will be governed by your insurance policy.
Understand Your Auto Insurance Coverage Limits
Auto insurance limits and coverage limits refer to the maximum amount that an insurer will pay for a loss covered by your policy. Your policy costs will increase if your limits are higher than your insurer’s. In the event of an accident, you will be responsible for paying more. Lower limits will reduce your premium payments, but you run the risk of incurring higher out-of-pocket costs in the case of an accident.
It’s not as difficult as it sounds. The decision to balance financial risk and the cost of your policy should be made by you, based on your individual needs. Consider the car’s value and how much you are willing to spend in case of an accident, total loss, or other losses. If you’re in an accident that results in injuries, consider how much money you can pay for your medical bills. Western Mass Auto Insurance is happy to answer any questions you may have.
People often refer to coverage limits as “per person” or “per accident” limits for bodily injuries liability coverage. They also include the property damage liability limits. Massachusetts law requires you to have Bodily Injury Liability limits at least $20,000 per person and $40,000 per incident, and Property Damage Liability coverage of at least $5,000. Coverage must be at least $20,000 per person and $40,000 per incident for Bodily Injury Caused by Uninsured Automobiles. You will need to have $8,000 worth of PIP coverage. Important note: The minimum Bodily Injuries Liability coverage that the state requires pays for Massachusetts-based accidents only. You can purchase optional coverage to ensure you have coverage for bodily injury liability outside Massachusetts.
Western Mass Auto Insurance
512 Main St, Indian Orchard, MA 01151
(413) 543-3800
http://www.westernmassautoinsurance.com/
Western Mass Auto Insurance Inc.
383 Belmont Ave, Springfield, MA 01108
(413) 781-3800