What Insurance Coverage Should I Buy?

Insurance is the only product for which you can be fined or otherwise punished for not buying. If you drive a car in Michigan, state law requires you to buy certain basic coverages, and it is against the law to drive or let your car be driven without those coverages.

At Bredell & Bredell, we often have frank discussions with our clients about their insurance policies. While it may be too late to make policy decisions that affected you in a recent motor vehicle accident, making the right choices will protect you in the future — both tomorrow and many years down the road.

You should know that car insurance is usually sold based on the low cost of premiums and not what really matters: the insurer's likelihood of paying you without delay or denial if you suffer a personal injury. Don't believe the ads. Do your research and choose an insurance company with an ethical, honest reputation.

Make Sure Your Insurance Coverage Is Adequate

At our law offices in Ypsilanti, Michigan, we review with our clients the insurance companies and insurance policies that will affect them, making sure that coverage is adequate to protect their interests in an accident.

In today's tough economic times, it is more likely that the other driver in a car accident will be uninsured or will be carrying only the minimum levels of insurance. That is why we recommend that drivers purchase uninsured motorist (UM) coverage and underinsured motorist (UIM) coverage, which protects drivers in the event of a hit-and-run accident or an accident in which the other driver is uninsured or carries only minimal insurance.

Without UM and UIM, a severely injured driver will have no source of personal injury recovery other than filing a lawsuit against the other driver for his or her personal assets. And most people do not have sufficient net worth to compensate for a catastrophic personal injury, which can cost millions in medical bills and rehabilitative treatment costs.

In fact, we often ask people to take a minute and imagine their financial circumstances. You may have decades left of your work life, which means that you have decades of salaries, raises and bonuses ahead of you. If you were to become disabled tomorrow, you could lose the potential to earn millions. Your insurance policy should account for this.

Want to Know if You're Covered?

At Bredell & Bredell, we offer a free insurance evaluation at no obligation. An attorney will meet with you and review your insurance policy, helping you understand what your policy limits mean and how they will affect you. It is critical that you have enough coverage, and we can help.

Call 866-586-8164 throughout Michigan or reach us online to schedule an appointment. We offer flexible scheduling options and can make home and hospital visits if your injury prevents you from traveling to our offices.