Auto Insurance Low Limit Survey Please enable JavaScript in your browser to complete this form. - Step 1 of 10Name *FirstLastEmail *PhoneDate / TimeDateTimeNextAn uninsured motorist is someone without auto insurance. ... Uninsured motorist coverage helps you pay for damages caused by a driver who doesn't have car insurance. If you're hurt or your car is damaged in a crash caused by such a driver, this coverage will help pay for costs, up to the limits in your policy. Is this statement true or false?TrueFalseTrue!Uninsured motorist insurance protects you if you're in an accident with an at-fault driver who doesn't carry liability insuranceTrueFalseTrue again!Underinsured motorist coverage steps in when you're in an accident with an at-fault driver whose liability limits are too low to cover the medical expenses of any injured people. The at-fault driver's insurance will typically pay for all damages up to his or her auto insurance policy limits, then your underinsured motorist coverage may cover the excess amount up to the limits you selectTrueFalseTrue Again!NextWhich of the following are true about Uninsured Motorist Coverage?1. It protects you if an uninsured driver hits your vehicle2. Some states require it in addition to liability coverage3. It protects you if someone hits your car and flees the scene4. All of the aboveUninsured Motorist Coverage is a type of coverage purchased in addition to liability coverage. In some states, it is required. In some states, insurance companies are just required to offer it to you. It protects you financially if someone else causes an accident and doesn’t have insurance or their insurance is insufficient to cover the expenses. It also will protect you if you’re ever the victim of a hit and run.NextSay you're involved in an accident that wasn't your fault. In most circumstances, you'd file a claim with the at-fault driver's car insurance company, get your car repaired and recoup compensation for any lost wages or medical expenses. No out-of-pocket expenses to you. But what if the driver who sideswiped you doesn't have car insurance or doesn't have enough of it? Minimum liability insurance requirements don't always offer enough coverage after a car accident. Uninsured and underinsured motorist coverage can help protect your finances if you're in an accident caused by an uninsured or underinsured driver. Do you want Uninsured or Underinsured motorist coverage to pay for lost wages and medical coverage on your auto insurance policy with Karstens Financial and are you willing to pay more for it?YesNoFinancially at this moment the lowest quote is all I can affordWe need you to answer this question because of the quote we provided has lower limits of coverage. We want to make sure you understand the financial issues this may cause. Do you agree to contact Karstens Financial when you are able to afford higher limits on your auto coverage?YesNoNextMost states require drivers to carry a minimum amount of bodily injury and property damage liability insurance. Bodily Injury Liability typically pays for which of the following in an accident where you are at-fault?1. Your Injuries2. The other drivers Injuries3. Injuries to passengers in the other vehicle4. Both 2. and 3. Number 4, Bodily Injury Liability helps pay for other people’s medical bills when you cause an accident and your legal defense if you’re sued. It doesn’t cover your own injuries or medical expenses for passengers in your vehicle.NextMost states require drivers to carry a minimum amount of bodily injury and property damage liability insurance. Property Damage Liability typically pays for which of the following in an accident where you are at-fault?1. Damage to your vehicle2. Damage to another person's vehicle and property3. Your legal defense if you get sued4. Both #2 and #3Property Damage Liability typically pays for damages to another person’s property (typically their car) in an accident you cause. However, it can also provide financial protection if you get sued. Remember, it doesn’t cover your own car or property.NextIf you accidentally knock over your neighbor’s fence with your car, what type of insurance coverage would pay for damage to the fence?1. Comprehensive2. Collision3. Property Damage Liability4. Gap InsuranceNot only does Property Damage Liability pay for damages to another car in an accident you cause, but it also offers you protection should you hit a mailbox, fence, building, or guardrail. Remember, it doesn’t cover your own car or property.NextDo you want your policy to cover property insurance with Karstens Financial and you willing to financially pay more for it?YesNoFinancially at this moment the lowest quote is all I can affordThe quote we provided has lower or no property limits, we need you to answer this questionDo you agree to contact Karstens Financial when you are able to afford higher limits on your auto coverage?YesNoNextLIABILITY INSURANCE COVERAGE LIMITS The amount your insurer will pay for a covered liability insurance claim depends on the coverage limits you choose. Each state sets minimum coverage limits for bodily injury liability and property damage liability that drivers must purchase, but you may decide to buy additional coverage. You may see three liability coverage limits on your car insurance policy:1. Property damage liability limit. This is the maximum amount your insurer would pay to repair damage you cause to another party's property. The maximum payout would not exceed the limit you've set.2. Bodily injury liability limit per person. This establishes a maximum payout for each individual who is injured in an accident that you cause.3. Bodily injury liability limit per accident. This sets a cap on the total amount that your insurance provider will pay out for all medical expenses other people incur from a single accident you cause. It's important to set this limit at an amount that makes you comfortable, as it may be needed to help pay for the medical expenses incurred by multiple people.4. All of the AboveHOW MUCH LIABILITY INSURANCE SHOULD YOU BUY? Any costs that exceed your liability coverage limits are your responsibility — in other words, you'd have to pay them out of your own pocket. That's why it may be a good idea to increase your auto liability limits above the state's minimum requirements by purchasing more coverage. Consider the following: You are at fault for a crash that injured three people in another car. Your bodily injury liability limit per person is $50,000 and your bodily injury limit per accident is $100,000. If Person 1's medical bills total $40,000, Person 2's cost $30,000 and Person 3's cost $25,000, you're likely covered. Each person's bills were under $50,000 (your bodily injury limit per person), and the total cost of injuries is $95,000, which is lower than your $100,000 bodily injury limit for a single accident. But suppose all three people had $50,000 in medical bills, totaling $150,000. In that case, your bodily injury liability coverage would pay $100,000 toward those bills, and you may need to cover the remaining $50,000 yourself.NextAre you ok with lower limits of liability knowing that if you have an accident you may have to pay for it out of pocket and in some states your wages may be garnished to cover cost? YesNoFinancially at this moment the lowest quote is all I can affordDo you agree to contact Karstens Financial when you are able to afford higher limits on your auto coverage?YesNoBy signing this I agree to my answers above and agree to the lower limit quote provided or I will contact my Karstens Financial representative to request a quote with increase limits. Clear SignaturePlease sign this for our recordsSubmit We set up this survey to help you understand the financial impact having lower limits of insurance might have. Some of the answers are giving to you, however some we need from you if you want to keep or change the current quote we provided.