Georgia’s mandatory minimum liability insurance policy limits are $25,000 for injuries for one person, $50,000 maximum for more than one person and $25,000 for property damage. The only thing that a driver with minimum liability insurance might be safe on is property damage coverage. For purposes of an accident being your fault and somebody suffering serious personal injury, minimum liability coverage is woefully insufficient. That’s why you want to boost your policy limits and limit the risk to you and your family.
Costs of medical care are astronomical. A serious leg fracture, a night at the emergency room, closed reduction surgery on the fracture, hospitalization, and physical therapy are sure to cost more than $25,000. Then there’s the issue of the hardware that was implanted in the victim’s leg for life, permanent pain and discomfort and a limp. The value of a lawsuit against you can easily reach $100,000, and you’re on the hook for that $75,000 excess. That’s exactly what you want to protect yourself and your family against, especially if you own a home. Also consider the fact that the more drivers that you have in your family, the more the risk of a serious accident increases.
You can afford to increase your automobile liability policy limits to at least $100,000 a year. The difference in premiums is rather insignificant, and by increasing your deductible, your auto insurer will probably absorb most of that premium increase anyway. Peter Laczko Insurance Inc. services Woodstock, GA and all of Georgia. He’s an independent insurance agent who can line you up with any number of reputable and established auto insurers. Peter will do the shopping for you, and you can decide on what coverage fits your interests best.
