Buying the minimum insurance coverage in pennsylvania auto insurance can be tempting. In fact our phones ring every day with people asking for “just the minimums” on their pennsylvania auto insurance. Do I mind ? Heck no…we’re glad to give folks exactly what they want….as long as they really do know exactly what they want !
Here’s the thing…we all want to have cheap pennsylvania car insurance..OK I get that part. Paying for cheap insurance and never using it would be great. As an agent I have an obligation to at least let you know the possible downside of carrying the minimum coverage. Yeah, I know…the naysayer again ! You see, the thing is…I’ve been around long enough to see the “other side” a few too many times. Here’s one instance that happened this past summer.
Client #1 is coming home from fishing on the Kinzua reservoir and he’s slowing to turn into his driveway with his boat in tow. Been a good day and he’s thinking about a cold adult beverage and sitting on the deck for some R & R….when…. CRASH !!! Enter Client #2- This nice young lady is a college student who works part time at Dominos pizza here in town. Unfortunately she never saw his turning signal and plowed into him at approximately 35 MPH. Might not sound like much but 35MPH into a stopped object is a huge collision. Fortunately she is uninjured but shaken up pretty badly. A trip up to the hospital is next on her schedule…ordered by the paramedics. Client #1 is uninjured….whew…dodged a bullet there. His truck and boat… on the other hand… are toast.
Few days later the insurance companies have both received the claim reports and started their investigations. Client #2′s insurance company admitted 100% responsibility and issued a check to Client #1 for $5,000 in damages. OK …that will cover the boat motor…almost…now who’s going to pay for the rest of the boat and the new pickup truck? Glad you asked. Looks like Client #1′s insurance will need to pay for the extra damages since he had very good coverage on both his boat and pickup. Now what happens ? Well….our young co-ed will get a letter from the fishermans insurance company in an attempt to collect the $35,000 they’ve paid to their policyholder. When the poor young girl admits that she couldn’t possibly pay that amount…she’ll have the option to arrange a repayment schedule or risk losing her driving priveledges until the judgement is satisfied. There’s the condensed version of not having enough insurance…and the drawbacks.
Only you can decide if carrying the minimum pennsylvania auto insurance is right for your circumstances. If you decide you’re ok with it, you’ll find the best rates right here.
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