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There is a perfectly logical tendency among Americans to cut back on their insurance coverage once they have paid off their cars.
It makes sense. Why continue to pay for total coverage when the overall value of the car is worth less than the cost of repairs?
But when you have your car paid off, and when you call your insurance company to cut your coverage back down to simple liability coverage, you should make sure that you still have Personal Injury Protection (PIP).
PIP coverage will protect your finances in the event that you get into an accident and are found liable. This is truly a smart way for you to cover yourself. If you reduce the amount of your coverage, MAKE SURE that you still have PIP.
If you have been injured in a DC car accident, contact the law offices of Lewis and Tompkins for a free legal consultation today.
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Lewis & Tompkins
927 15th Street N.W., 9th Floor
Washington, DC 20005
Phone: 202-296-0666