How familiar are you with your personal auto policy?

This week, we revisit the second part of my conversation with Richard Sharman, in which he shared everything you must know about your auto policy. Richard is an Executive Coach at ATI with over 40 years of experience in the auto collision industry and insurance claims professions.

Throughout our conversation, you’ll hear Richard’s thoughts on State limits and coverage exclusions, how to avoid getting caught off guard when accidents hit, and what happens with medical bills if you get into an accident while driving an uninsured passenger. You’ll also hear about deductibles, exclusions, and what you should know before handing your car keys to an internal customer to “get something for you real quick.”

Buckle up and get your reading glasses because today, we dive right into the small prints of your personal auto policy.

In this episode, you will learn:

• Do States have coverage limits? (3:39)
• What happens when someone gets hurt in your vehicle (6:31)
• What are comprehensive and collision limits? (8:38)
• Does carrying the minimum protect you from being sued for larger amounts? (14:55)
• A quick auto policy breakdown (21:03)
• Some details of exclusions under liability to others (24:06)