When you are purchasing automobile insurance, the insurance carrier should offer you the choice between full tort and limited tort. Before you decide on which policy to choose, you must understand that there is a much bigger difference between the two options than just the annual premium.
Limited tort coverage is almost always cheaper than full tort coverage and, because of the cost savings, can affect the choice an individual makes when choosing auto insurance. However, this choice has the potential to significantly impact you and the future security of your family.
What does Limited Tort provide?
Limited tort coverage permits a person who has been injured in a car accident to recover for his or her out-of-pocket medical bills, wage loss, automobile repair costs, and other monetary losses. However, limited tort severely limits your ability to make a claim against the driver at fault. When you opt for limited tort, you give up the right to sue for damages in a personal injury claim for pain and suffering, even when you are not at fault for the accident.
While limited tort will cover the immediate medical bills related to your injury, it does not cover any complications that the injury may cause in the future. Accidents that appear to have a minor impact could cause long lasting injuries and related pain, suffering and disability. With limited tort, you will not have the option to recover from all your losses.
The Benefits of Full Tort
The full tort option allows you to recover for your out-of-pocket expenses along with your pain and suffering when you have sustained an injury as the result of an auto accident that is caused by someone else. With the full tort option, you can recover monetary damages for all your losses, no matter how minor your injury is.
Why is Full Tort worth the extra money?
With full tort, you pay an extra insurance premium in exchange for the right to sue for your pain and suffering. Choosing the limited tort option may save you a few dollars on your monthly auto insurance bill; but in the event that you suffer a serious injury in a car accident, you may end up paying a substantial amount of money out of pocket.
If you are concerned about having to pay a higher monthly premium for full tort coverage, it is possible to negotiate other aspects of your insurance policy so you continue paying the same amount overall. A price difference shouldn’t be the reason to opt for limited tort if you feel that full tort is the best option for you.
We strongly recommend our clients purchase full tort coverage. In choosing limited tort, you sacrifice full protection and legal rights for you and your family. Auto accidents can happen anywhere at any time, and you want to ensure you and your loved ones are protected.