Car Accident Attorneys Serving Tampa, Clearwater, Sarasota, St Petersburg, Bradenton, Orlando & Beyond – Do You Have the Proper Amount of Car Insurance Coverage?

At Kennedy Law Group in Tampa, our car accident attorneys spend a considerable amount of time navigating the complex and confusing world of car insurance. Like most other forms of insurance, car insurance is designed to transfer risk of loss from an insured (policyholder) to his or her insurance company in exchange for periodic monetary payments, otherwise known as premiums. By “pooling” risk from thousands of drivers, insurance companies are able to pay valid injury and/or property damage claims and still make a profit.

Unfortunately, it can be a bit tricky for drivers to determine how much insurance coverage they actually need. While many opt to carry the bare minimum of coverage required by Florida law, some actually pay too much. The car accident attorneys at Kennedy Law Group aren’t in a position to tell you how much car insurance coverage you should or should not carry, but we do want to point out the importance of paying an accurate amount. In fact, most of the big insurance companies are willing to help people determinate what type of coverage they need and calculate how much coverage they should buy. If you haven’t done so a while, it’s certainly worth revisiting why you pay what you do for car insurance. Be sure to read your car insurance policy carefully and consult your insurance company if you have any difficulty understanding what it says.

If you’ve been involved in an accident, however, contact the car accident attorneys at Kennedy Law Group.