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It's about time, the Missouri auto liability limit will be increasing slightly from 25/50/10 to 25/50/25 effective 7-1-2019.  This means the Property Damage limit will change from $10,000 to $25,000 for any one accident.  In other words if a person has a 3 car pile up the new maximum limit paid out will be $25,000 for all damages.   These limits are certainly not enough; however, it is an improvement.

Flanigan Insurance Agency certainly recommends higher limits than 25/50/25, such as 50/100/50, 100/300/100 or a Combined Single Limit of $500,000.  

If have any further questions please contact Flanigan Insurance at 314-727-6000.

 

 

 

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NOTICE: This and all content is developed from sources believed to be providing accurate information. The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional for detailed information regarding your individual situation. Some of this material was developed and shared by Flanigan Insurance Agency Inc to provide information that may be of interest. Flanigan Insurance Agency Inc is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
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