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They worked hard for several years saving for the down payment.
Tami and Christian
bought this house in Idaho
Falls seven years ago.
T A M I A N D C H R I S T I A N C U R R E N T L Y C A R R Y I D A H O ’ S M A N D A T O R Y L I A B I L I T Y L I M I T S O F
2 5 / 5 0 / 2 5 O N E A C H O F T H E I R V E H I C L E S
T H E Y A L S O H A V E C O M P R E H E N S I V E A N D C O L L I S I O N C O V E R A G E
They believe they are well protected
T H E F I R S T T W O S E T S O F N U M B E R S “ 2 5 / 5 0 ” A R E R E F E R R I N G T O T H E C O V E R A G E L I M I T S
A V A I L A B L E W H E N Y O U A R E L I A B L E F O R C A U S I N G S O M E O N E B O D I L Y I N J U R Y .
T H E L A S T S E T O F N U M B E R S “ 2 5 ” R E F E R T O T H E C O V E R A G E L I M I T S A V A I L A B L E W H E N
Y O U A R E L I A B L E F O R C A U S I N G D A M A G E T O S O M E O N E E L S E ’ S P R O P E R T Y .
25/50/25 - BIPDWhat does that mean?
Bodily Injury 25/50 Property Damage 25
In the event of an accident, their auto policy will pay up to $25,000 dollars for each
person injured and will pay a maximum of $50,000 dollars
per accident.
In the event of an accident, their auto policy will pay up to
$25,000 dollars for damage caused to the property of
others.
Here’s how it works
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 passengers.
Bill’s injuries = $20,000
Edna’s injuries = $28,000
Carrie’s injuries = $18,000
Gene’s injuries = $15,000
Susan’s injuries = $31,000
Tami’s policy will pay $20,000 for Bill’s injuries, $25,000 for
Edna’s injuries and $5,000 for Carrie’s Injuries; a total of
$50,000 dollars as listed in her policy.
Personal Risk
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.
What about the others?
What about the SUV?
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 dollars.
Obligation for Bodily Injury
Obligation for Property Damage
The amount of money Tami and Christian
must pay for injuries not covered by their
policy is:
$62,000 dollars
The amount of money Tami and Christian
must pay for Property Damage not covered by
their policy is:
$25,000 dollars
$87,000 Dollars
T H E Y M A Y B E F O R C E D T O C A S H I N T H E I R I N D I V I D U A L R E T I R E M E N T A C C O U N T S .
T H E Y M A Y B E F O R C E D T O W I T H D R A W T H E S A V I N G S P U T A W A Y F O R M E G A N , A B B Y A N D
B R O O K L Y N ' S E D U C A T I O N .
T H E I R P R O P E R T Y M A Y B E S E I Z E D A N D S O L D A T A U C T I O N .
2 5 % O F T H E I R W A G E S M A Y B E G A R N I S H E D E A C H M O N T H U N T I L T H E J U D G M E N T I S
P A I D .
How will they pay these obligations?
Bodily Injury – 500/500 Property Damage - 500
If Tami carried liability limits of 500/500/500 on her policy,
here’s what would have happened in that same
accident:
$20,000 for Bill is paid.
$28,000 for Edna is paid.
$18,000 for Carrie is paid.
$15,000 for Gene is paid.
$31,000 for Susan is paid.
With Property Damage limits of $500,000, Tami’s insurance company will pay the entire
$50,000 of the property damage costs for the 2009
Cadillac Escalade.
500/500/500BIPD
T H E C H I L D R E N ’ S E D U C A T I O N F U N D S A R E P R O T E C T E D
T A M I A N D C H R I S T I A N ’ S R E T I R E M E N T A C C O U N T S A R E P R O T E C T E D
T H E I R P R O P E R T Y A N D R E A L E S T A T E I S P R O T E C T E D
T H E I R F U T U R E E A R N I N G S A R E P R O T E C T E D
The Roberts family is now 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.”