Most people who buy Idaho auto insurance are underinsured. If you have tried to keep costs down by purchasing only the minimum level of coverage required by law, you may not have enough coverage in place to pay for damages if an accident occurs.
The minimum amount of bodily injury liability coverage required for Idaho drivers is $25,000 to pay for injuries sustained by a single person in an accident and $50,000 to pay for damages of multiple victims. In a case where a serious accident has occurred, the money required to pay for medical bills and other expenses can add up very quickly.
Once the policy limits have been reached, you will be personally responsible for paying any additional amounts owing. The cost of medical care is on the rise and will continue to do so. Most accidents are relatively minor, but if you are unfortunate enough to be involved in one where the victim or victims must be admitted to hospital or need rehabilitation services, the insurance policy money won’t go very far.
Consider how much Idaho auto insurance you really need and buy that level of coverage. Shop around to get the best rates and compare quotes from a number of companies before you make your decision. Auto insurance is a product that consumers buy hoping they never need it. If an accident occurs, they are very glad they have it in place.