Is a premium insurance policy worth it?
At Jones Law Firm, we want to educate and inform you of your insurance policy, and we often have clients ask what they should include in their insurance package. Most money = best coverage, right? Unfortunately, these premium packages can be expensive, and some add on policies that claim to offer coverage barely cover more than their standard counterpart. How do you know which one is right for you?
Since it is hard to make generalizations for any one case, keep in mind, we have free consultations at Jones Law Firm, so give us a call: 601.272.2406. We also have free forms HERE that guide you through this process.
All that being said, liability coverage on your automobile, home, assets, and life are all very different. Any policy that you might carry is a sliding scale. So if you have a lot of assets: money, land, etc, that you want to protect, you need to make sure your insurance will fully cover those assets you seek to protect. For example, if you have hundreds of acres of land and you get in a wreck or other injury, a state minimum policy may not be appropriate.
On the other hand, even if you think you have full coverage on a standard policy, it could be missing a few vital areas. Sometimes an auto policy that’s “full” or standard might not cover an uninsured or underinsured motorist. This part of an auto insurance, especially in Mississippi, is crucial. There’s a sizable number of people in Mississippi who are driving without auto liability coverage. If you do not carry uninsured or underinsured motorist coverage you are depending on the other driver (the one that caused the wreck) to have insurance, and if there isn’t enough coverage you could be the one paying. We recommend carrying enough uninsured motorist insurance to cover the worst case of potential injuries if you were in a serious wreck with all the members of your family.
Confused? No need to be. We offer free forms on both housing and auto insurance to help guide you through the process. If you see our resources link here, it has a step-by-step process to guide you through any and all questions an insurance company will ask and what you need to be on the lookout for in coverage.
Watch Baskin Jones go into more detail below:
Have you been injured or know someone who has? Our lawyers at The Jones Law Firm work to help you get the financial compensation you deserve and are legally entitled to receive under Mississippi state laws.
We strive to put our clients first and to go above and beyond the call of duty.
The Jones Law Firm is here to help and we look forward to scheduling your complimentary initial case review. We are confident you will be pleased with the service we provide and our reputation within the greater Jackson, Mississippi area.