1. Auto Insurance 101
Gene Brooks

2. Hypothetical Facts Sam Adams is driving down Abercorn St.
Another driver runs stop sign on cross street
The two cars wreck

3. What to do? Sam Adams in car wreck. Taken to hospital
Car is towed away
Other driver says, “Don’t worry, I’m fully covered.”

4. Insurance Coverages

5. Insurance Coverages Liability Collision (optional)
Comprehensive(optional)
Medical Payments Coverage (optional)
Uninsured/Underinsured Motorists (optional)

8. Liability Only legally required coverage in Georgia
$25,000 minimum coverage-required
Provides legal representation
Bodily injury
Property damage
Adam needs to find out about other driver’s coverage

10. Collision Coverage Optional Covers Sam’s car if damaged
Deductible $500
Ins. Co. option to repair or replace
Some policies provide temporary rental
Would apply if no driver “at fault”

12. Comprehensive Coverage
Applies to damage not covered by Collision coverage
Deductible $100
Does not apply in Adam’s case

14. Medical Payments Coverage
Optional
Only for medical bills incurred in wreck
Many policies have $5,000 payment
No subrogation
But none in this policy

15. Uninsured / Underinsured Coverage

17. Underinsured / Underinsured
UNINSURED = at fault party has no insurance
UNDERINSURED = at fault party has insurance but your claim exceeds that insurance

18. UM might apply If other ‘at fault’ driver is uninsured
If Sam’s losses are greater than amount of ‘at fault’ driver’s insurance coverage
Sam’s insurance company steps into shoes of ‘at fault’ driver

19. Stacking / Non-Stacking
Amount of UM available depends on number of autos insured under your policy and insurance on vehicle you are riding in

20. What happens
Sam’s medical bills are $20,000 and his lost income is $10,000
Other driver –underinsured
Sam places his UM company on notice
Claim denied
Sam files lawsuit against ‘at fault’ driver

21. Auto Insurance 101
Gene Brooks

22. Brooks Law Contact / Info Sheet
Web – brooks-law.com –