Mind the Gaps Within Your Auto Insurance!

Auto insurance Apple Valley MNBe aware: auto insurance gaps can land your finances in a pothole!

Even the most careful people sometimes have coverage gaps in their auto insurance! As a result, the motorist can put themselves, their family, and their belongings in danger.

So that you receive all-encompassing car insurance, it’s wise to review your policy to know exactly what you are covered for – and what isn’t covered!

Theft

If you only purchase the legally required liability insurance and not comprehensive coverage, you won’t be covered if your car is stolen, broken into, or damaged in a hailstorm. You would be left alone to foot the bill. Comprehensive and collision coverage helps to protect your car against theft and natural disaster damage!

Uninsured/Underinsured Motorists

You may think that your auto insurance completely covers you behind the wheel, but the risks posed by uninsured motorists can expose these gaps. Should you be in an accident with someone who has no auto insurance, or not enough to cover your costs, Uninsured/Underinsured Motorists coverage steps in to pay for the expense. 

Auto Liability

Many motorists don’t desire more than the “state minimum” liability to keep their registrations active and to satisfy the DMV requirements. Unfortunately, this can be a costly mistake to make.

Should you (fingers crossed you don’t!) rear end a Cadillac Escalade valued at $90,000, and you are only carrying $10,000 limit for property damage, the $80,000 difference is coming straight out of your pocket. Unless you have an extensive savings account, mere mortals will struggle to come up with that money. If you have a home or assets you could lose, you could definitely need liability insurance to cover the value of the assets someone may try to take from you!

Are you ready to receive protective coverage for your vehicle and finances? Contact Mayer Insurance today to get started on your Apple Valley, Minnesota auto insurance policy!