Monday, August 6, 2012

Correct auto liability coverage

How much auto liability coverage should you have?  The correct amount of auto liability in commenserate with your assets.  In Texas they can't take (1) your home and personal property, they can't take (2) one car if you are single or two if you are married , and they can't take (3) your sheltered retirement accounts like your 401(k), 403(b) etc.  Total up the remainer of your assets, CD's, money market accounts, stocks, rental property, seasonal homes etc.  The limits to select are: up to $30,000, $50,000, $100,000, $250,000 and $500,000.  You want your insurance company to pay for all the bodily injury so you don't have to.  Call me if you have a question - 996-8543.

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