Consider more coverage when buying auto insurance

Drivers should consider purchasing more auto insurance coverage.The recent news coverage of Hulk Hogan’s lawsuit against an insurance agent has highlighted an important auto insurance issue.

Consumers should know what their auto insurance personal liability coverage is in the event of an accident. Minimum requirements vary from state to state, and sometimes consumers may find those amounts inadequate.

States like Arizona and California require very low limits of liability, which can easily be exhausted after an accident. The policy holder is then left responsible for the remaining amount of money due. In areas like these, drivers may want to consider purchasing higher liability limits.

Timothy Gaspar, owner of a California insurance agency, said that "there’s a feeling that additional liability policies are too expensive or too complicated for anyone but the super wealthy. Anyone with high risk factors should think about increasing their liability coverage. For most people, the cost of securing an umbrella policy to protect themselves is relatively low."

There are certain consumers that should seriously consider purchasing an umbrella policy, according to Gasper. If a person is on the road a lot, lives in a well-off neighborhood, has a home-based business, or is in the public eye, buying extra coverage should be considered.ADNFCR-3298-ID-19763370-ADNFCR

About John Pirro
John Pirro is a licensed fire and casualty insurance agent specializing in various aspects of the auto insurance industry. He worked in the auto body repair industry before taking a reporting position at Online Auto Insurance News.

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