When you purchase a new insurance policy or renew your current policy, you must make many decisions about what you need to buy and how much you can afford to spend.

You must decide:

Do I need a policy with a broad range of choices that I can adjust to meet my needs and offers the most protection but at a higher cost? This is the standard policy.

Do I need a policy with fewer choices about the type of insurance and the amounts of insurance I buy, which offers less protection but at a lower cost than the standard policy? This is the basic policy.

How much insurance do I need to cover medical bills and other related expenses if I am in an accident? This is personal injury protection or "pip."

How much insurance do I need if someone sues me because of an accident I caused that injures them or damages their property? This is bodily injury liability and property damage liability.

How much insurance do I need if I am in an accident caused by someone who has little or no insurance? This is uninsured and underinsured motorist coverage.

Do I need to buy insurance to cover my car if it is damaged in an accident I cause, or if it is stolen or damaged in some other way? This is collision and comprehensive coverage. if appropriate use term "other than collision" throughout.

How much money can I afford to pay out of my own pocket before the insurance company begins paying, if I have an insurance claim? These are deductibles and co-payments.

Do I want to be able to sue another driver for my pain and suffering when the accident was not my fault and I was injured? Am I willing to limit my ability to sue for only the most serious injuries? These are the lawsuit options.

Warning: insurers or their producers or representatives shall not be held liable for choices you make for insurance coverages or limits as long as your choices provide at least the minimum coverage required by law. Insurers or their producers or representatives also shall not be held liable if you choose not to purchase higher limits of pip medical expense coverage, bodily injury liability coverage, higher limits of uninsured/underinsured motorists coverage, collision coverage or comprehensive coverage. Insurers, their producers and representatives can lose this limitation on liability by failing to act in accordance with the law.

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