Saturday, July 9, 2011

SAVING ON AUTO INSURANCE

If you want to save on car insurance you can do yourself a big favor by talking to as many auto insurance companies as possible. The more options you have for yourself, the better chance you have of one of those options giving you a good price. Year long rates can vary by as much as $1,000. If you haven't yet purchased a car and cant decide what car to get, see what premiums you'll have for each. Generally, the more powerful and expensive the car is, the higher your car insurance costs will be. Furthermore, the more safety features a car has, the less the premium will be. One of the most popular ways to save money on car insurance is by increasing your deductible. Your deductible is how much money you pay out of your own pocket to fix your car before the insurer pays for the rest of the damages. You just don't want to open yourself to too much riskSection 3171 of the Act allows injured policy holders to access the full benefit of their own insurance plan, prohibiting insurance companies from deducting the amount of insurance carried by the negligent driver in the accident. In addition, health insurance companies cannot deny coverage for medical care if medical expense coverage is included in one’s auto insurance. The result being that injured individuals may have access to a greater amount of financial coverage for medical costs due to injuries.“These new laws are extremely important for people injured in car accidents as they can have a big impact on the settlement an injured person may be eligible to receive,” said Steve Eisenberg, Wisconsin personal injury attorney and one of the founders of Eisenberg Law Offices, S.C., of Madison, Wisconsin. “You need a lawyer that understands the new laws and how to maximize your recovery.”The budget also mandates that insurance companies will no longer be able to deny coverage for hit-and-run accidents because physical contact did not occur. This gives injured drivers access to uninsured motorist coverage if they can provide independent, third party evidence of the accident.New minimum coverage amounts have been set for auto liability insurance, requiring that policies must cover “$50,000 because of bodily injury to or death of one person in any one accident and $100,000 because of bodily injury or death of two or more persons in any one accident, and $15,000 because of injury to or destruction of property of others in any one accident.”Other changes include the requirement of all liability policies to include underinsured motorist coverage if at least $100,000 per person and $300,000 per accident. Along with the new insurance mandate is the repeal of a 14-year-old law that banned insured drivers from stacking auto insurance policy limits for uninsured and underinsured motorist coverage.
Eisenberg Law Offices, S.C. provides superior representation in Wisconsin personal injury, criminal defense, family and divorce, drunk driving, and civil litigation cases. They have over 25 years of experience representing injured victims of auto, truck and other vehicle collisions and have won millions for their clients in Wisconsin personal injury cases.

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