| Auto Insurance: Don't Select "Limited-Tort" Coverage! |
When talking about car accidents or car insurance, you may have heard the terms "limited-tort" and "full-tort." What do these terms mean and is it important to understand them before you purchase auto insurance?
When it comes to auto insurance, "tort selection" is, without a doubt, the single-most important concept for any person who owns a vehicle in Pennsylvania to understand! Simply stated, you can chose "limited-tort," and save on your annual insurance premium. In return for making this selection, however, you give up your rights to recover non-economic damages in almost all instances if injured by another driver. On the other hand, if you chose "full-tort," you will pay slightly more each year in premiums, but you can recover all economic and non-economic damages if injured by another driver. Non-economic damages include pain, suffering, humiliation, mental distress and disfigurement. Generally speaking, if you or a loved one gets hurt in any type of motor vehicle accident without full-tort, you exponentially increase the chances of the other driver's insurance company denying or limiting your claim. Also, selecting limited-tort practically eliminates your ability to make an Uninsured Motorist (UM) or Underinsured (UIM) claim with your own insurance company. Without electing full-tort and purchasing adequate UM and UIM coverage, you risk suffering serious financial losses when hit by an uninsured or underinsured driver in the Harrisburg and York areas.
Before you purchase new automobile insurance in Pennsylvania or make changes to an existing insurance policy, feel free to call an automobile insurance lawyer at Colgan Marzzacco for a free consultation. Talking to an experienced Harrisburg auto injury lawyer about your insurance before you or a loved one get into an accident will give you the peace of mind that you have selected the right coverage to protect you and your family.
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Posted By Attorney Chris Marzzacco on July 01, 2010 01:15 pm | Permalink  |