There isn’t anything more important than family. That’s what I tell myself, when my newborn is screaming at all hours of the night or my Grandfather tells me that “I had it easy.” “Life was so much harder back then.” He’s not wrong. I just wish I didn’t have to hear about it all the time. I think today is easier in the sense of a “physical demand” on our bodies. However, with the online world, it brings its share of struggles as well. #CyberBullying #FailVideos – You make one mistake and you will relive it for the rest of time.
That is all completely unrelated to what today’s topic is about, other than the word family. We’re talking about “Family Security.”
What is Family Security?
It is a coverage that is usually included on every Auto Pak Extension Policy. When you purchase an auto pak and have this endorsement, it extends to your family in your vehicle while you are in operation. It covers you if you are a pedestrian and are hit by a motor vehicle, and it also covers you while you are riding in another persons vehicle.
What this coverage does is protect you in the event you are hit by an uninsured motorist or an underinsured motorist. For example: A drunk driver or someone with a suspended license.
If you are hit by someone like that, they will not have any liability coverage to pay for the damages you suffer. You will be taken care of by SGI, if you have the no fault coverage for injuries, but any additional income or pain and suffering would have to be collected through civil court, which may amount to nothing. This is where Family Security steps in. If you carry an auto pak with 2 million liability, you will have $2 million of Family Security coverage to pay for the additional costs incurred for you and your family as your recover from this accident. Any additional costs for trips to the doctor, medications, loss of income or other expenses in excess of what SGI, Workers Compensation or Disability plans would be covering can be claimed under this plan.
When you buy a package policy, you will automatically obtain liability coverage to extend to your vehicle operation in case you were ever negligent. The family security coverage matches the limit of liability you carry, up to $2 million.
This is something that is not “sold” to the customers who carry an auto pak. But it is a needed coverage if you are involved in an accident with a person who shouldn’t be on the road. This is a simple way to protect yourself and your family from potential costs that are not in your control.
Talk to us about adding a package policy to your vehicles. A liability/family security policy on your vehicle can be as little as $4-5 per month. It’s a small cost that could pay big benefits if something tragic were to happen.