{"id":422,"date":"2010-07-31T19:02:03","date_gmt":"2010-08-01T02:02:03","guid":{"rendered":"https:\/\/maysfinancial.local\/"},"modified":"2017-02-26T02:02:05","modified_gmt":"2017-02-26T02:02:05","slug":"introduction-auto-insurance","status":"publish","type":"post","link":"https:\/\/maysfinancial.local\/articles\/introduction-auto-insurance\/","title":{"rendered":"Introduction to Auto Insurance"},"content":{"rendered":"<p>In terms of property-liability insurance, auto insurance is the most familiar to the general population.\u00a0 With the number of accidents that occur each year, it is easy to understand why.<br \/>\n<strong>A particular event that could potentially decrease wealth is characterized as a risk exposure.<\/strong> For our more cynical readers I must specify that &#8220;marriage&#8221; and &#8220;kids&#8221; are not typically classified as risk exposures, nor is a prenuptial agreement traditionally considered a form of insurance.\u00a0 <strong>In terms of auto insurance, three main risk exposures exist:<\/strong><\/p>\n<ul>\n<li>Property damage\/loss<\/li>\n<li>Bodily injury to you\/your family<\/li>\n<li>Legal liability for harm to others due to your negligence.<\/li>\n<\/ul>\n<p>Most personal auto policies included some level of protection for each category of risk exposures.Keep in mind that although most auto policies have much in common and are written in reasonably understandable language, <strong>significant differences, clauses, and exclusions can exist.<\/strong> It is important that you <strong>thoroughly review your policy, your state&#8217;s requirements, understand your needs and seek clarification on anything that is unclear.<\/strong> A &#8220;small&#8221; misunderstanding in terms can cost you &#8220;big&#8221; money.<\/p>\n<p>Under most personal auto policies coverage applies to any individual that has qualified permission (typically from the insured or spouse) to operate the vehicle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In terms of property-liability insurance, auto insurance is the most familiar to the general population.\u00a0 With the number of accidents that occur each year, it is easy to understand why. A particular event that could potentially decrease wealth is characterized as a risk exposure. For our more cynical readers I must specify that &#8220;marriage&#8221; and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[2,21,8],"tags":[28,39],"_links":{"self":[{"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/posts\/422"}],"collection":[{"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/comments?post=422"}],"version-history":[{"count":0,"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/posts\/422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/maysfinancial.local\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/media?parent=422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/categories?post=422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maysfinancial.local\/wp-json\/wp\/v2\/tags?post=422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}