You probably don’t think about what would happen if you got into an accident and the other involved motorist didn’t have auto insurance. That scenario happens more than you think in Charlotte and Waxhaw, NC. If you don’t have the proper auto insurance policy, you could pay for the damage, even if it isn’t your fault. Hausmann Insurance & Financial Services can help ensure that your vehicle is fully protected if such an event happens.<\/p>\n
North Carolina law requires drivers to have minimum coverage for collision, comprehensive, and liability. However, drivers do not have to buy uninsured\/underinsured motorist coverage. This is an optional provision in almost all auto insurance policies. Drivers on a budget sometimes forgo this coverage to save money. However, that’s not a wise choice, as uninsured\/underinsured coverage is one of the options in most policies. Not buying this coverage can save you money in the short term, but in the long run, it could cost you thousands of dollars.<\/p>\n
Suppose you are in a motor vehicle accident, and your car is extensively damaged or totaled. The other driver has insurance or has insurance that pays out the minimum. The result is you are on the hook for some or most of the bill. This could cost tens of thousands of dollars, especially if your car is new or you own a higher-end vehicle. The uninsured\/underinsured provision pays for damages minus your deductible if you are involved in an accident that causes damages or injuries. The premiums you spend for this coverage will be much less than you would pay to remedy the damages.<\/p>\n
If you are considering a new auto insurance policy, learn how your policy’s uninsured\/underinsured section can save you money. Contact Hausmann Insurance & Financial Services, serving Charlotte and Waxhaw, NC, for an appointment.<\/p>\n","protected":false},"excerpt":{"rendered":"
You probably don’t think about what would happen if you got into an accident and the other involved motorist didn’t have auto insurance. That scenario happens more than you think in Charlotte and Waxhaw, NC. If you don’t have the proper auto insurance policy, you could pay for the damage, even if it isn’t your […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[12,11,18,17,13],"class_list":["post-122","post","type-post","status-publish","format-standard","hentry","category-auto-insurance","tag-charlotte","tag-hausmann-insurance-financial-services","tag-underinsured","tag-uninsured","tag-waxhaw-nc"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t