I was reminded of the Wild West when I read reports showing how “outlaws” are making things dangerous (and expensive) for California drivers. Here are two disturbing trends I want to bring to your attention:
Uninsured motorists: California law requires drivers to carry Auto insurance, but some drivers still don’t carry proper coverage. I read a report not long ago that said California has one of the highest rates of uninsured motorists in the nation: A whopping 25 percent of California drivers are uninsured.
Theft rates: Yesterday’s horse thieves are today’s car (and truck) thieves. The latest report from the National Insurance Crime Bureau shows that six California metropolitan areas are among the top 10 in vehicle thefts nationwide.
Let’s fight back! Take steps to protect yourself, your loved ones and your vehicles from today’s outlaws:
Be sure you have Uninsured and Underinsured Motorist coverage. If you or a member of your household is involved in an accident with an uninsured or hit-and-run driver, your Uninsured coverage reimburses you for expenses incurred. If the other driver is at fault but doesn’t have enough insurance to cover the damages, your Underinsured policy would help bridge coverage gaps. Without UW/UIM coverage, you would have to pay for expenses out of pocket
Deter Theft. I like the “layered approach” suggested by the National Insurance Crime Bureau: The more layers you use, the better. Layer 1: the simplest and most cost-effective strategy is obvious – lock the doors and windows and remove the ignition key. Layer 2: Use a visible or audible warning devise, such as a steering wheel lock, alarm or anti-theft decal. Layer 3: Install an electronic immobilizing devise, such as a kill switch or starter/ignition disabler. Layer 4: Install a tracking device, which sends a signal to police or monitoring station if you report the vehicle as stolen
Auto insurance is an investment in protecting your assets and your family. This might be a perfect time to meet with an Insurance professional to make sure you have no gaps in your coverages.