Shownotes
Episode 21: Car Insurance Demystified
Host: Sidney Wheelan
Topic: Essential Car Insurance Coverages
Key points:
- Car insurance protects you financially after a collision.
- There are many coverages, but four are essential.
Liability coverage: Covers injuries/damages you cause to others (required by most states).
- Minimum limits may not be enough. Consider buying more protection.
Uninsured motorist coverage: Covers you if hit by a driver with no insurance.
- Minimum limits may not be enough. Consider buying more protection.
Underinsured motorist coverage: Covers you if hit by a driver with not enough insurance to cover your damages.
- Not mandatory but recommended.
- Understand your policy limits and step-down provisions.
Medical payments coverage (Med Pay): Covers medical bills for anyone injured in your car, regardless of fault.
- Relatively inexpensive and helpful for passengers without health insurance.
Call to action:
- If you have questions, contact The Wheelan Law Firm, LLC.
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This podcast episode contains general information for discussion purposes only. Each case is different and must be judged on its own merits. Missouri rules generally prohibit lawyers from advertising that they specialize in particular areas of the law. This article should not be construed to suggest such specialization. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create an attorney-client relationship, and the listening or viewing of this podcast does not constitute an attorney-client relationship. The choice of a lawyer is an important decision and should not be based solely upon advertisements.
