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Family Step Down Provisions Allow Auto Insurance Companies to Skimp on Coverage

//Family Step Down Provisions Allow Auto Insurance Companies to Skimp on Coverage

Family Step Down Provisions Allow Auto Insurance Companies to Skimp on Coverage

By David Mittleman

No one likes to think about the possibility of being responsible for an injury to a family member. Unfortunately, that scenario is all too common. A moment of carelessness or a brief lapse in judgment is all it takes. In the aftermath, you would hope that the auto insurance you paid premiums for would provide the same coverage to a family member as it would to a stranger. If your policy contains a step-down provision, that may not be the case.

Step-down provisions apply to liability coverage in auto insurance claims. For example, if …read more

2016-12-02T15:47:00+00:00 Blog|