The state minimum for Kansas seems like a solid arrangement. Kansas state requires that auto insurers be covered at 25/50/10. The first number references a $25,000 bodily injury total payout per person, while the $50,000 refers to the total payout for the claim. This includes any number of people involved in the accident. Lastly, the 10 refers to a $10,000 personal property payout and is often relevant for single-vehicle incidents.
The rate may appear great, and the auto insurance in Wichita KS will come through when needed. But, is $50,000 really enough in a bad accident? When is the state minimum an unwise rate to stick to, and really represents more of a bare minimum for proper auto protection?
When the Minimum State Insurance Works
If a vehicle is worth $600 and the driver only goes out for local runs, the state minimum coverage may be perfectly fine. It is not likely for an accident to exceed $50,000 if the driver stays off the highway and adds 1,000 miles to their car per year. Yet, the vast majority of people are on the road a lot more often. Medical bills can accumulate almost beyond reason, and $50,000 will not make the cut after a major incident.
Coverage for the Worst-Case Scenarios
Auto Insurance in Wichita KS is designed to cover and protect clients in some of the worst possible scenarios. But, demanding the state minimum is opting to take a risk that may not be justified. If the purpose is to protect in the worst scenario, the state minimum is not meeting the mark. It is protecting a policyholder in a “not so great” scenario, yet is leaving them very vulnerable when the accident damage skyrockets right past these state minimum limits.
Visit Andywoodwardinsurance.com for more information on the state minimums. Sometimes, the state minimum is perfectly acceptable. But, many Americans are opting for the Kansas state minimum when they would be a lot better off with a small jump up in the scale. The $50,000 payout in total is a major catch due to rising medical costs. The rate may not protect an insurance holder fully if the accident is at all catastrophic. Ultimately, isn’t this the purpose of insurance?