Insurance Tips: Why you should be selfish when buying car insurance

When buying car insurance in Nevada, you may hear a lot about the legal minimums for insurance that you are required to carry under state law. Most of this minimum coverage, sometimes referred to as “full coverage”, like liability insurance, is designed to protect other drivers in case you are at fault in an accident. However, car insurance is one area of life in which it is important to be selfish. A car accident can leave you, your friends and family with lifelong, serious personal injuries as well as massive property damage.

Some of the most important types of car insurance that you can buy are those that go beyond the legal minimum, because they protect you and those in your car. Medical payments coverage (medpay) and uninsured and under-insured motorist coverage help to protect you, especially when you are not at fault. Having a sufficient amount of this kind of insurance can help you to get the compensation that you need for serious personal injuries suffered as a result of a car accident.

Legal Minimums for Nevada Car Insurance

Like other states, Nevada has minimum requirements for liability insurance that covers others in case you are at fault in a crash. The minimums will not cover all of your medical bills, lost wages and pain and suffering if you suffer serious injuries. These minimums are:
• $15,000 coverage for injury or death of one person ($25,000 after July 1, 2018)
• $30,000 coverage for injury or death of more than one person ($50,000 after July 1, 2018)
• $10,000 coverage for property damage in a crash ($20,000 after July 1, 2018)

Save Without Skimping

As you know, the real costs of a car accident can easily far exceed these numbers. If you are in a crash with another driver who carries only minimum coverage, you can see just how essential an uninsured or under-insured motorist policy could be. As a Las Vegas law firm, we’ve seen the consequences of carrying too little car insurance on far too many occasions.

There are a few tips that you can keep in mind to help save money and keep you and your loved ones protected. High-deductible policies can carry a lower premium, but they can also mean greater out-of-pocket expenses if you are in a crash.

Rather than seeking savings by skimping on coverage to protect you and your family, you can look for other types of discounts to make your insurance more affordable. For example, vehicle safety features can lower your insurance rates, having a strong safe driving record and taking a defensive driving course.

No one plans to get in a car accident or be the victim of a dangerous or negligent driver. However, if this does happen to you, a Las Vegas law firm can help you to protect yourself, your family and friends. If you have been injured in an auto accident caused by another driver’s dangerous behavior and insurance is not covering your costs, talk with a personal injury law firm Las Vegas to help pursue the compensation you deserve. The Schnitzer Law Firm can help protect you. Contact us at 702-960-4050 or use our simple online form to set up a free consultation.