Reader’s Question:

How much coverage should I get for my auto insurance in Georgia?

Karen

Atlanta, GA

Financial responsibility laws dictate that each vehicle be covered with auto insurance in Georgia. This serves as a safeguard from financial difficulties in case you are unfortunately found to be accountable for an accident. This means that at least the minimum levels of auto insurance coverage be obtained to have adequate insurance. Bodily Injury Liability must be able to pay $25,000 for one person’s medical care. Also, $50,000 BIL will be allotted if there were other passengers hurt in the accident. If public or private property was damaged, a maximum of $25,000 will be paid out by your insurer to have this repaired or replaced.

Since settlements are far more expensive in reality, it would be good to buy as much auto insurance coverage limits as your budget can accommodate. In fact, the Insurance Information Institute strongly suggests that BIL be at a minimum of $100,000 for one person. Moreover, your vehicle’s repair costs will not be covered. So, having the Collision and Comprehensive Insurance will assure you that your insurance provider will pick up the tab for your car’s repairs. It would also be good to get the Personal Injury Protection (PIP), so that your medical payments will be taken care especially if you do not have an extensive health plan.