June 28 is National Insurance Awareness Day, and it’s the perfect reminder to take a closer look at your auto insurance coverage. In our work at Banck Law, we’ve seen far too many clients in Covington, New Orleans, and throughout the Northshore discover—after an accident—that they didn’t have the coverage they thought they did.
An annual review of your car insurance policy can mean the difference between being fully protected after a crash… or facing thousands in unexpected expenses.
The Hidden Risks of “Set It and Forget It” Auto Insurance
Many drivers purchase car insurance when they buy their vehicle and never look at the policy again. But your life, financial situation, and driving habits can change over time—and so can your insurance needs.
Here’s why an annual review matters:
- Your coverage might be outdated.
- Your liability limits might not be high enough to protect your assets.
- You might be missing vital coverages like uninsured/underinsured motorist protection.
- You may qualify for better rates or discounts.
And in Louisiana—where accidents, uninsured drivers, and severe weather are all too common—not knowing your coverage can put you at serious risk.
5 Key Things to Check in Your Auto Insurance Policy
When reviewing your car insurance, here’s what to focus on:
1. Liability Coverage
This pays for damage or injuries you cause to others in an accident. Louisiana’s minimum is 15/30/25, but that may not be enough if you’re involved in a serious crash. We recommend higher liability limits to protect your financial future.
2. Uninsured/Underinsured Motorist (UM/UIM) Coverage
According to the Insurance Research Council, nearly 1 in 8 drivers in Louisiana is uninsured. UM/UIM coverage protects you if you’re hit by someone with little or no insurance. We’ve seen too many cases where injured drivers didn’t have this—and paid the price.
3. Medical Payments or Personal Injury Protection (PIP)
This can help cover your medical bills after an accident, no matter who was at fault. It’s especially helpful if you don’t have health insurance or have a high deductible.
4. Comprehensive & Collision Coverage
If your car is damaged in a storm, flood, or hit while parked—comprehensive coverage has you covered. Collision covers your vehicle if you’re at fault. Both are crucial in areas prone to hurricanes or hail damage, like Southeast Louisiana.
5. Rental Reimbursement & Towing
If your car is in the shop after an accident, will your insurance cover a rental? What about roadside assistance? Small add-ons can save you big headaches later.
What Can Happen If You’re Not Properly Covered
Too often, Louisiana drivers assume their insurance policy has them fully protected—only to find out after an accident that critical coverages were missing. Without the right coverage in place, you could be left paying out-of-pocket for medical bills, car repairs, lost wages, or even long-term care.
Whether it’s being hit by an uninsured driver, suffering serious injuries in a collision, or experiencing storm-related vehicle damage, the financial consequences of being underinsured can be devastating. At Banck Law, we’ve seen firsthand how important it is to have a well-rounded policy that protects you and your family when it matters most.
A quick annual review could prevent these avoidable financial setbacks—and give you peace of mind every time you get behind the wheel.
How Often Should You Review Your Car Insurance?
We recommend reviewing your auto insurance at least once a year—and definitely:
- After a major life change (buying a home, getting married, having a child)
- After buying a new car
- If your commute or driving habits change
- Before storm season in Louisiana
- Or simply—every June 28th on National Insurance Awareness Day
Need Help Understanding Your Coverage After an Accident?
Even if you’ve reviewed your policy, accidents still happen—and knowing your legal rights is just as important as having the right insurance.
If you’ve been injured in a car accident in Louisiana, we can help you:
✅ Understand what your policy covers
✅ Deal with insurance adjusters
✅ Fight for the full compensation you deserve
Let Banck Law take the legal stress off your shoulders—so you can focus on healing.
A 10-Minute Review Can Save You Thousands
Take 10 minutes this National Insurance Awareness Day to pull up your auto insurance policy and give it a real look. It could be the best thing you do all year to protect your family, your finances, and your future.
If you’ve already been in an accident and need help navigating your claim—or have questions about your rights—Banck Law is here for you.
