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WHAT CAR INSURANCE DO I NEED?
Few of us appreciate car insurance until we are involved in a collision; then, we can only hope to have
enough. Most states require minimum amounts of liability coverage to pay for injuries and property damage
you cause to others. Effective November 1, 2004, Oklahoma requires 25-50-25 ($25,000 personal injury per
person, $50,000 personal injury per accident, and $25,000 property damage). Unfortunately, $25,000 will
not cover medical costs of any significance and may not cover the cost of many vehicles these days. Anyone
who has assets to protect needs more than the minimum in liability insurance.
For your own and your passengers' protection when you are hurt by an uninsured or underinsured driver, you
will want to have as much uninsured/underinsured motorist protection ("UM") as you can afford.
The Oklahoma Legislature has determined that UM is extremely important coverage. In Oklahoma, your policy
must include UM unless you sign a rejection of the coverage, and you must be offered the same amount of UM
as you have purchased in liability coverage. UM will pay medical bills and lost wages, as well as
compensate you for pain and suffering and the permanency of your injury. Severe injuries lead to
astronomical expenses, so UM is vitally important coverage for a relatively inexpensive premium.
Medical payments coverage pays medical bills for anyone in your vehicle without regard to who was at fault
in a collision. Even if you have health insurance, you can collect "med pay" in addition, and it can
certainly help fill in the gap when you have a deductible on your health plan.
Collision and comprehensive will compensate you for damage to your own car. You need to decide how much
you can afford depending on the value of your car. You can reduce the rates by electing a higher
deductible.
Call 1-800-739-ABEL (in Oklahoma), or 1-405-239-7046 for a Free Initial
Consultation.
Abel Law Firm
900 N.E. 63rd
Oklahoma City, OK 73105
Easy access to the building.
Free parking next to the building.
The firm handles cases exclusively on behalf of injured people in such areas as:
Personal Injury & Wrongful Death
Auto & Truck Accidents
Dangerous & Defective Products
Insurance Disputes
Nursing Home Abuse & Neglect
Workplace, Construction, Farm & Industrial Injuries
Medical, Dental & Hospital Negligence
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