In this episode, Brandon walks you through the types of insurance coverages that most Virginia insurance policies will provide. Some you don’t have, but need. Others, you have to have but you need to improve. He will discuss liability insurance policy limits, medical expense payments coverage, uninsured and underinsured policy limits, and property damage coverages. […]
Insurance
Part 4: Property Damage Underinsured and Uninsured Insurance Policy Must Haves
By David Abraham I want to focus now on the property damage aspect of uninsured and underinsured motorists’ coverage. Virginia requires uninsured motorists’ coverage when you purchase a policy with minimum limits of 25/50/20. The last number of $20,000.00 is the amount of your uninsured motorist property damage coverage. I previously covered the importance of […]
Part 3: High Underinsured and Uninsured Limits are Insurance Policy Must Haves
By David Abraham For this post, I’d like to discuss two coverages that many times may be overlooked. You may even look at them as being unnecessary, however, they protect you, the policyholder or anyone that is a member of your household. Uninsured Motorist Coverage The first coverage is uninsured motorist coverage. This coverage protects […]
Part 2: Medical Expense Payments (Med Pay) is an Insurance Policy Must Have
By David Abraham In this post, I want to focus on the coverage you may have on your policy but have no idea how it applies to you or your family in case of an accident. If you don’t have this coverage, it’s certainly a coverage that you should carry. This is medical expense payments […]
Part 1: High Liability Limits are an Insurance Policy Must Have
By David Abraham Here, I will begin a series on the ins and outs of the different automobile coverages available to the consumer. Most consumers are unaware of exactly what is available to them and why they need it. Unless they can’t sleep at 3 am, most policyholders never read their policy. Even then it’s […]
