Claim Denied: Progressive, Geiko

You know the tag line "15 minutes can save you 15% on car insurance". How can they save you money every time? The answer is CUT your coverage!

Here are two examples of how they do it without raising any red flags.

Your Massachusetts car insurance policy includes coverage to help pay medical bills if your injured in an auto accident: Personal Injury Protection (PIP). You and household members are protected up to a maximum of $8000, depending on your health insurance coverage. The auto insurance carrier and your health insurance provider will coordinate the benefits. If you have no medical coverage PIP could pay all benefits.

You might be asked by the salesperson if you would like to apply the deductible to your PIP coverage? "That will bring the cost of insurance down." you are told.

That deductible is $8000. If you opt for the deductible for yourself and family members, you have eliminated that coverage completely. ** (but you did save $43)

Another way to CUT coverage and not know about it until after an accident is with waiver of deductible. This little known policy option only comes into play when there has a collision. With this waiver, your collision deductible will NOT apply when an accident is caused by an identifiable driver. Geiko and Progressive do not include this waiver unless you ask for it. (you just saved another $35).

Now lets say you are paying $650 for your car insurance. You call one these carriers and they tell you your quote is going to be $572. You did save about 15%.

You also reduced your coverage. You won't even know, until after an accident and your claim is denied.

Get a professional review by an independent insurance agent. www.jmdins.com Come visit us today.

Thank you!!