Charles E. Boyk Law Offices, LLC
Trying to navigate the world of insurance all on your own can be difficult. Contact an experienced car accident lawyer who can explain the basics of Toledo car insurance and how it can help or harm a car collision case.
The declaration page of an individual’s insurance policy gives a brief overview of someone’s current or potential auto insurance policy. An auto insurance policy declarations page is essentially a brief summary of the policy that provides all of the basic information needed to know about the policy. It may be critical to speak with an attorney about the basics of Toldeo car insurance.
The declarations page consists of information such as:
Below are some of the things needed to know before purchasing a car insurance policy.
In Ohio, the legal minimum liability limits are as follows:
It is important to note that the basics of Toledo car insurance include minimum limits are commonly referred to as $12,500/$25,000/$7,500 by insurance companies. Despite being legal for insurance coverage, there is no guarantee of adequate protection. Almost all insurers also offer optional coverage.
Optional coverage usually includes:
Many insurers offer additional optional coverage such as gap coverage, roadside assistance, and rental reimbursement. These are the truly optional types of coverage. You should also know that Ohio uses a traditional tort liability system with comparative negligence. This means, if you are involved in an accident, a decision will be made one way or another as to who is at fault and by how much. The insurance company of the at-fault person will then pay the injured parties according to the percentage of fault. The exact amount of this payment is of course determined by the amount of damage caused in the accident. Understanding the basics of Toledo car insurance can be key to collision protection.