What extra insurance can I purchase to make sure I’m completely covered after a car accident?
Until you are involved in a collision, you may not give much thought to your insurance coverage. Taking extra precautions with your insurance policies, along with teaming up with an experienced accident lawyer, can help guarantee that all of your accident expenses are covered, no matter the damage. Policies to consider when planning your collision coverage include:
Uninsured or underinsured motorist coverage. Although Washington requires that all motorists carry a substantial collision policy in case of an accident, nearly 20% of drivers fail to have adequate coverage. This means that even though an uninsured driver may cause your accident, his insurance may not be sufficient to cover your damages. However, insurance companies are required to offer you additional uninsured motorist coverage along with your standard policy. Uninsured coverage will pay for any additional expenses that the other driver’s insurance may not cover, while also keeping you from having to wait for an unknown length of time for payment.
Personal Injury Protection (PIP) is coverage that helps protect you if you’re found liable for an accident. It doesn't matter if you’ve never been in an accident, you never know when you may get into an accident and be found at fault. PIP will cover the expenses associated with the other motorists’ injuries and damages to help protect your assets.
Guaranteed Auto Protection (GAP) is useful when you owe more than your car is worth. If you’re in an accident that completely totals your vehicle, standard insurance may only repay you the bluebook value of the car, not what you owe. GAP, however, will make up the difference to ensure that if your car isn’t worth repairing, you’ll have the ability to pay it off rather than having to continue to pay for a car that is totaled.
For more information on securing your recovery finances, please feel free to browse our extensive collection of articles or connect with us directly by filling out the convenient contact form at the top of the page. We’re anxious to hear from you and eager to help you focus on what is truly important: your recovery.