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Auto insurance presentation

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Will Davis
Will Davis

Tami and Christian Roberts had minimum liability limits of 25/50/25 on their vehicles until an accident where Tami was at fault for injuring five people and totaling an SUV. This left them responsible for $87,000 out of pocket which could force them to deplete their savings and retirement funds. Purchasing higher liability limits of 500/500/500 would have fully covered the costs of the accident and protected their financial future. The document encourages contacting an insurance agent to ensure adequate protection for unforeseen events.

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Protecting your future
Meet Tami and Christian Roberts and their three girls Megan, Abby and Brooklyn.
Tami and Christian bought this house in Idaho Falls seven years ago. They worked hard for several years saving for the down payment.
Christian works as a Supervisor for the INL and Tami works as a waitress near Snake River Landing.
Christian drives a 2001 Chevy Silverado and Tami drives a 2011 Nissan Maxima.
They believe they are well protected TAMI AND CHRISTIAN CURRENTLY CARRY IDAHOS MANDATORY LIABILITY LIMITS OF 25/50/25 ON EACH OF THEIR VEHICLES THEY ALSO HAVE COMPREHENSIVE AND COLLISION COVERAGE
25/50/25 - BIPD What does that mean? THE FIRST TWO SETS OF NUMBERS 25/50 ARE REFERRING TO THE COVERAGE LIMITS AVAILABLE WHEN YOU ARE LIABLE FOR CAUSING SOMEONE BODILY INJURY. THE LAST SET OF NUMBERS 25 REFER TO THE COVERAGE LIMITS AVAILABLE WHEN YOU ARE LIABLE FOR CAUSING DAMAGE TO SOMEONE ELSES PROPERTY.
Heres how it works Bodily Injury 25/50 Property Damage 25 In the event of an accident, their In the event of an accident, their auto policy will pay up to auto policy will pay up to $25,000 dollars for each $25,000 dollars for damage person injured and will pay a caused to the property of maximum of $50,000 dollars others. per accident.
Personal Risk Bodily Injury How will her policy pay? Lets assume that Tami is on her way to work when she collides with an SUV carrying five Tamis policy will pay $20,000 for passengers. Bills injuries, $25,000 for Ednas injuries and $5,000 for Bills injuries = $20,000 Carries Injuries; a total of Ednas injuries = $28,000 $50,000 dollars as listed in her Carries injuries = $18,000 policy. Genes injuries = $15,000 Susans injuries = $31,000
What about the others? Unfortunately, Tami will be responsible for paying what her policy does not cover; $3,000 dollars for Edna, $13,000 for Carrie, $15,000 for Gene and $31,000 for Susan. A total of $62,000 dollars.
The SUV carrying the five injured passengers was a total loss; A 2009 Cadillac Escalade worth $50,000. Tamis Property Damage limits will pay $25,000 for the loss, as described in her policy. Tami will be responsible for paying what her policy does not cover $25,000 What about the SUV? dollars.
$87,000 Dollars Obligation for Bodily Obligation for Property Injury Damage The amount of money The amount of money Tami and Christian Tami and Christian must pay for injuries must pay for Property not covered by their Damage not covered by policy is: their policy is: $62,000 dollars $25,000 dollars
How will they pay these obligations? THEY MAY BE FORCED TO CASH IN THEIR INDIVIDUAL RETIREMENT ACCOUNTS. THEY MAY BE FORCED TO WITHDRAW THE SAVINGS PUT AWAY FOR MEGAN, ABBY AND BROOKLYN'S EDUCATION. THEIR PROPERTY MAY BE SEIZED AND SOLD AT AUCTION. 25% OF THEIR WAGES MAY BE GARNISHED EACH MONTH UNTIL THE JUDGMENT IS PAID.
She never thought this could happen to her. THATS WHY THEY ARE CALLED ACCIDENTS.
Is there anything Tami could have done to protect herself? YES!
500/500/500 BIPD Bodily Injury 500/500 Property Damage - 500 If Tami carried liability limits of 500/500/500 on her policy, heres what would have With Property Damage limits of happened in that same $500,000, Tamis insurance accident: company will pay the entire $50,000 of the property $20,000 for Bill is paid. damage costs for the 2009 $28,000 for Edna is paid. Cadillac Escalade. $18,000 for Carrie is paid. $15,000 for Gene is paid. $31,000 for Susan is paid.
The Roberts family is now protected. THE CHILDRENS EDUCATION FUNDS ARE PROTECTED TAMI AND CHRISTIANS RETIREMENT ACCOUNTS ARE PROTECTED THEIR PROPERTY AND REAL ESTATE IS PROTECTED THEIR FUTURE EARNINGS ARE PROTECTED
Do you have the kind of protection you need? Contact Farmers Insurance Agent Will Davis 208-534-7078 Let me help you protect the things that matter most to you.
Dont be forced to sacrifice your future. Call 208-534-7078 and let me help protect you and your family.

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Auto insurance presentation

  • 2. Meet Tami and Christian Roberts and their three girls Megan, Abby and Brooklyn.
  • 3. Tami and Christian bought this house in Idaho Falls seven years ago. They worked hard for several years saving for the down payment.
  • 4. Christian works as a Supervisor for the INL and Tami works as a waitress near Snake River Landing.
  • 5. Christian drives a 2001 Chevy Silverado and Tami drives a 2011 Nissan Maxima.
  • 6. They believe they are well protected TAMI AND CHRISTIAN CURRENTLY CARRY IDAHOS MANDATORY LIABILITY LIMITS OF 25/50/25 ON EACH OF THEIR VEHICLES THEY ALSO HAVE COMPREHENSIVE AND COLLISION COVERAGE
  • 7. 25/50/25 - BIPD What does that mean? THE FIRST TWO SETS OF NUMBERS 25/50 ARE REFERRING TO THE COVERAGE LIMITS AVAILABLE WHEN YOU ARE LIABLE FOR CAUSING SOMEONE BODILY INJURY. THE LAST SET OF NUMBERS 25 REFER TO THE COVERAGE LIMITS AVAILABLE WHEN YOU ARE LIABLE FOR CAUSING DAMAGE TO SOMEONE ELSES PROPERTY.
  • 8. Heres how it works Bodily Injury 25/50 Property Damage 25 In the event of an accident, their In the event of an accident, their auto policy will pay up to auto policy will pay up to $25,000 dollars for each $25,000 dollars for damage person injured and will pay a caused to the property of maximum of $50,000 dollars others. per accident.
  • 9. Personal Risk Bodily Injury How will her policy pay? Lets assume that Tami is on her way to work when she collides with an SUV carrying five Tamis policy will pay $20,000 for passengers. Bills injuries, $25,000 for Ednas injuries and $5,000 for Bills injuries = $20,000 Carries Injuries; a total of Ednas injuries = $28,000 $50,000 dollars as listed in her Carries injuries = $18,000 policy. Genes injuries = $15,000 Susans injuries = $31,000
  • 10. What about the others? Unfortunately, Tami will be responsible for paying what her policy does not cover; $3,000 dollars for Edna, $13,000 for Carrie, $15,000 for Gene and $31,000 for Susan. A total of $62,000 dollars.
  • 11. The SUV carrying the five injured passengers was a total loss; A 2009 Cadillac Escalade worth $50,000. Tamis Property Damage limits will pay $25,000 for the loss, as described in her policy. Tami will be responsible for paying what her policy does not cover $25,000 What about the SUV? dollars.
  • 12. $87,000 Dollars Obligation for Bodily Obligation for Property Injury Damage The amount of money The amount of money Tami and Christian Tami and Christian must pay for injuries must pay for Property not covered by their Damage not covered by policy is: their policy is: $62,000 dollars $25,000 dollars
  • 13. How will they pay these obligations? THEY MAY BE FORCED TO CASH IN THEIR INDIVIDUAL RETIREMENT ACCOUNTS. THEY MAY BE FORCED TO WITHDRAW THE SAVINGS PUT AWAY FOR MEGAN, ABBY AND BROOKLYN'S EDUCATION. THEIR PROPERTY MAY BE SEIZED AND SOLD AT AUCTION. 25% OF THEIR WAGES MAY BE GARNISHED EACH MONTH UNTIL THE JUDGMENT IS PAID.
  • 14. She never thought this could happen to her. THATS WHY THEY ARE CALLED ACCIDENTS.
  • 15. Is there anything Tami could have done to protect herself? YES!
  • 16. 500/500/500 BIPD Bodily Injury 500/500 Property Damage - 500 If Tami carried liability limits of 500/500/500 on her policy, heres what would have With Property Damage limits of happened in that same $500,000, Tamis insurance accident: company will pay the entire $50,000 of the property $20,000 for Bill is paid. damage costs for the 2009 $28,000 for Edna is paid. Cadillac Escalade. $18,000 for Carrie is paid. $15,000 for Gene is paid. $31,000 for Susan is paid.
  • 17. The Roberts family is now protected. THE CHILDRENS EDUCATION FUNDS ARE PROTECTED TAMI AND CHRISTIANS RETIREMENT ACCOUNTS ARE PROTECTED THEIR PROPERTY AND REAL ESTATE IS PROTECTED THEIR FUTURE EARNINGS ARE PROTECTED
  • 18. Do you have the kind of protection you need? Contact Farmers Insurance Agent Will Davis 208-534-7078 Let me help you protect the things that matter most to you.
  • 19. Dont be forced to sacrifice your future. Call 208-534-7078 and let me help protect you and your family.