Prokop Insurance Agency
Plymouth, Minneapolis, St. Paul and Minnesota Insurance Pros
With summer quickly approaching, you may ask yourself which expenses are worth the investment when planning vacations. Especially when it comes to travel insurance, you want to make sure you are not overpaying for protection that may not be 100 percent necessary. Depending on where you’re traveling and how long you’ll be there, taking a trip can eat up a substantial amount of your budget as it is. Add travel insurance, and you could quickly acquire more costs than planned.
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These are our 6 tips to clean up your driving record as auto insurance pros, essential for maintaining affordable insurance rates in Minnesota and avoiding legal consequences. A clean driving record means that you have not been involved in any accidents or received any traffic violations. However, if you have a less than perfect driving record, don’t worry; there are ways to improve it. Below are some tips for improving your driving record in Minnesota.
Improving your driving record takes time and effort, but it is well worth it in the long run. By following these tips and staying focused on safe driving, you can protect yourself, your passengers, and other drivers on the road. If you need help finding affordable car insurance, contact Prokop Insurance. We can help you find the right coverage at an affordable price.
At Prokop Insurance we never like to explain DWI or DUI: How They Impact Your Car Insurance Rates. Driving while intoxicated (DWI) or Driving Under the Influence (DUI) is a serious offense that can increase your car insurance rates. DWI and DUI are often used interchangeably but refer to different crimes. A DWI or DUI conviction can result in fines, license suspension or revocation, and even jail time.
In Minnesota, DWI stands for “Driving While Intoxicated.” This offense occurs when a person operates a motor vehicle with a blood alcohol concentration (BAC) of 0.08 or higher or under the influence of drugs or alcohol.
On the other hand, DUI stands for “Driving Under the Influence.” This offense typically refers to driving under the influence of drugs, illegal, prescription, and even over-the-counter medications that can impair driving.
What Types of Vehicles Can Result in a DWI or DUI Charge in Minnesota?
What are the consequences?
It’s important you think twice about getting intoxicated by alcohol or taking drugs anytime before driving. If you need to go somewhere, ask someone to drive you or use a taxi or ride-sharing service.
If you have questions about your car insurance rates after a DWI, contact the Pros at Prokop Insurance. We can help you understand what you need to do to get your rates back down.
Understanding Minnesota’s No-Fault Accident System: What it Means for Auto Insurance Holders. As an independent insurance agent specializing in auto insurance, it is important to educate clients on the unique aspects of their state’s laws and regulations. In Minnesota, one of the most important aspects of auto insurance is the state’s no-fault accident system. Understanding how this system works and how it affects insurance holders is crucial for protecting oneself and one’s assets.
In a no-fault accident state, each driver’s own insurance company is responsible for covering their medical expenses and lost wages in the event of an accident, regardless of who was at fault. This means that even if you were not responsible for the accident, your insurance company will still be responsible for covering your expenses.
Minnesota is one of a handful of states that have adopted a no-fault accident system. This system was put in place to reduce the number of lawsuits resulting from auto accidents and to ensure that everyone involved in an accident receives the medical care they need, regardless of who was at fault.
In Minnesota, the medical benefit falls under personal injury protection (PIP) coverage. This coverage will pay for medical expenses, lost wages, and other expenses or essential services related to injuries you sustain in association with a motor vehicle, up to the policy limit, regardless of who was at fault.
You can be a driver, a passenger, a pedestrian, working on a car, getting in or out of a vehicle, and the coverage applies from your policy first.
The standard PIP coverage for medical expenses is $20,000, but it can be increased up to $50,000 and can be stacked or multiplied based on the number of vehicles insured. For example, if you insure three cars, the medical coverage can be up to $150,000 if stacked. Additionally, uninsured and underinsured motorist coverage is mandatory in Minnesota and can match the bodily injury coverage or liability limit.
While PIP coverage is mandatory, it is important to note that it pays first or is primary if you are injured. It also extends to other household members related by blood or marriage. If you injure another person, their PIP coverage will cover their expenses until the medical bills get to a certain threshold, and at that point, the other party can access your bodily injury coverages.
While PIP coverage is required in Minnesota, it is important to consider additional coverage options to protect yourself and your assets in the event of an accident. One important coverage option to consider is liability coverage. Liability coverage will help to cover the costs of damages and injuries you may cause to others in an accident for which you are found to be at fault.
Another coverage option to consider is uninsured and underinsured motorist coverage. This coverage will protect you in the event you are involved in an accident with a driver who does not have enough insurance to cover your damages or who does not have insurance at all.
It is imperative you carry enough coverage to pay for potential damages to vehicles and persons because if you exhaust your coverages, then you are still liable for the excess damages.
As an independent insurance agent, we can work with you to assess your individual needs and find the right coverage options to protect you and your assets. By taking the time to understand how Minnesota’s no-fault accident system works and by having the right insurance coverage in place, you can rest assured that you are protected in the event of an accident.
As a homeowner, you likely understand the importance of having home insurance to protect your investment. However, many homeowners are underinsured in critical areas even with insurance coverage. Here are the top 11 areas where homeowners are underinsured in their home insurance policies:
In conclusion, it’s essential to review your home insurance policy regularly to ensure adequate coverage for all your needs. If you are unsure about your coverage or have any questions, contact us for guidance. By taking the time to understand your policy and making any necessary adjustments, you can have peace of mind knowing that your home and belongings are adequately protected.