METRO AGENCY AUTOMOBILE
INSURANCE COVERAGE TIP SHEET

DON’T EVEN THINK OF BUYING A NEW POLICY
WITHOUT THIS IMPORTANT INFORMATION!

There are more coverages and options than those shown below. The examples are for illustrative purposes only. They are not specific recommendations for you.  Please refer to the actual policy form and endorsements for full coverage descriptions, exclusions, conditions, and limitations. 
For more information please contact us.

AUTO POLICY BASICS

BODILY INJURY LIABILITY  •  Example… $100,000 / $300,000 (suggested minimum)
Protects against damages to persons that you are legally obligated to pay as a result of a covered automobile accident.  The first dollar amount shown is the policy limit per person injured; the second is the policy limit per accident.

PROPERTY DAMAGE LIABILITY  •  Example… $100,000 (suggested minimum)
Protects against damages to property that you are legally obligated to pay as a result of a covered automobile accident.  The dollar amount shown is the policy limit per accident.

Tip: A seven-figure umbrella policy is always worth exploring, as it  provides million dollar layers of protection over and above your auto and homeowners liability limits.  “Umbrella” policies start at $1,000,000 and go up from there.

UNINSURED/UNDERINSURED MOTORISTS LIABILITY • Example… $100,000 / $300,000 (suggested minimum)
This coverage protects you against bodily injury [and PD -- if in your state] caused by an uninsured [and/or underinsured] driver who is determined to be liable for the auto accident.  The first dollar amount shown is the policy limit per person injured; the second is the policy limit per accident.

COMPREHENSIVE AND COLLISION  •  Example… $500 deductible
These two optional physical damage coverages pay for the repair or replacement of your vehicle in the event of a covered accident, subject to the deductibles selected.

POPULAR POLICY EXTRA  •  Rental reimbursement example… $20 per day / $900 total (suggested minimum)
Rental Reimbursement is also called “transportation expense.”  It pays a specified amount per day for a rented vehicle, subject to a maximum stated dollar amount, when yours is being repaired due to a covered claim.  There is no deductible.


© 2010 Agency Ideas® / Shulman Consulting Group, Inc.   All rights reserved.

Posted 11:19 AM

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