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
IDAHO’S 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 ELSE’S PROPERTY.
8. Here’s 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 Tami’s policy will pay $20,000 for
passengers. Bill’s injuries, $25,000 for
Edna’s injuries and $5,000 for
Bill’s injuries = $20,000 Carrie’s Injuries; a total of
Edna’s injuries = $28,000 $50,000 dollars as listed in her
Carrie’s injuries = $18,000 policy.
Gene’s injuries = $15,000
Susan’s 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.
Tami’s 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.
THAT’S WHY THEY ARE
CALLED ACCIDENTS.
16. 500/500/500
BIPD
Bodily Injury – 500/500 Property Damage - 500
If Tami carried liability limits of
500/500/500 on her
policy, here’s what would have With Property Damage limits of
happened in that same $500,000, Tami’s 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 CHILDREN’S EDUCATION FUNDS ARE
PROTECTED
TAMI AND CHRISTIAN’S 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. Don’t be forced to sacrifice your future. Call 208-534-7078 and let
me help protect you and your family.