When it comes to insurance, no one likes to spend more money than necessary. However, purchasing higher liability limits on your auto insurance policy can be highly beneficial in the long run. In addition, for most insurance companies, the price to purchase these limits is surprisingly affordable.
If you’re questioning whether buying higher liability limits is worth it, consider these reasons:
- They can save you significant claim dollars. In Texas, certain minimum limits are already required. However, if you caused injuries or damage exceeding these set amounts, the money to settle the claim is going to come out of your pocket.
- They can save you premium dollars. Some insurance companies offer discounts to customers that have higher limits on their prior policy.
- It’s the right thing to do. Even when your finances are rocky, paying for the big damages you caused in an accident with the proper auto insurance would be the right thing to do. When you don’t purchase higher limits, there is a risk you take–resulting in paying out of pocket.
- They provide peace of mind. With higher liability limits, you can rest easy knowing you’re protected if the unexpected were to occur. Because let’s face it, life can take us for a spin.
There is nothing worse than learning after you have a claim that you could have purchased more coverage for short-money had you only known.
With over 15 years of experience in the insurance field, Stone Insurance Group is capable of quoting clients a diverse set of auto policies to be compliant with their situation. At Stone Insurance Group, we know one size does not fit all. The professional brokers at SIG strive to not only find clients the best coverage at a great price but provide customized consulting concerning what options are most fitted.
Call SIG today at (832) 403-2066, or kelly@stoneinsurancegrp.com, to learn why purchasing higher liability limits on your auto insurance policy may be important for you.