Making Sense of St. Louis Insurance
Interpreting St. Louis insurance laws can be as perplexing as watching the last two minutes of Super Bowl XXXVI, where the Rams defense allowed the Patriots to get in field goal range, which ultimately took the Super Bowl Champion title out of the Rams’ hands. It was a heartbreaking loss for residents of the Show Me State, but winning big is attainable if you understand how your St. Louis insurance protects you in times of misfortune. Getting your hands on several St. Louis insurance quotes will make it easier to understand how much coverage you need and can afford.
Insuring Your Assets
Missouri drivers are required by law to have liability and uninsured motorist insurance coverage. The minimum liability coverage required is $25,000 per person for bodily injury, $50,000 per accident for bodily injury, and $10,000 per accident for property damage. The minimum uninsured motorist coverage is $25,000 or bodily injury per person and $50,000 for bodily injury per accident. But, if your lien holder doesn’t already require it, comprehensive auto coverage is something to consider when you gather St. Louis insurance quotes. Case and point: the St. Louis Police Department reported 4,962 auto thefts in 2009. While liability insurance is the minimum requirement, it won’t cover the cost if your vehicle is stolen. Comprehensive coverage also pays for damages such as fire, vandalism, hail, and explosion.
If the prospect of tornado or winter storm damage to your home didn’t convince you to buy homeowners insurance, the 29,850 crimes against property reported by the Saint Louis Police Department in 2009 just might. Imagine coming home from watching the Cardinals hammer the Cubs at Busch Stadium only to find your belongings ransacked and your valuables missing. Buying St. Louis insurance on your home would provide cash for those losses. However, it’s important you keep an inventory of your valuables to ensure you are satisfactorily compensated. John M. Huff, the Director of the Missouri Department of Insurance, Financial Institutions and Professional Registration, recommends you start an inventory now. Be specific and update that inventory every year. Take pictures or videotape your belongings to ensure your St. Louis insurance company aptly recuperates your losses.
St. Louis Insurance Quotes: Show Me the Money!
Safeguarding your belongings could substantially lower you insurance premiums. Think about installing burglar alarms in your car and home, be sure your house is structurally sound, and consider combining your policies. NetQuote will show you the money you can save with a variety of St. Louis insurance quotes.