Your don't know when you will the victim of an automobile accident.

Yesterday a friend of my totaled his car. The accident wasn't his fault. An elderly person pulled out in front of him and he was unable to avoid hitting the vehicle in the side. The police and two eye witnesses said it wasn't my friends fault.

This could happen to you or someone you care about.

Here are some things you can do to protect yourself from financial devastation due to an auto accident.

• Understand your insurance coverage. Do you have FULL TORT or LIMITED TORT? If you have limited tort you have limited your ability to get paid.

• How much is your DEDUCTIBLE? Do you have the cash to cover the deductible? If not where will that money come from?

• Most policies offer 30 day RENTAL CAR COVERAGE. However you may be responsible for your rental after you car has been declared a total loss.

• You may want to consider an automotive club plan like AAA. They have great towing plans.

• There are over 5600 injury causing motor vehicle accidents every day in the USA. Nobody knew it was their turn.

• You may not require an attorney to reach a GOOD SETTLEMENT.
• If you live in the north winter is right around the corner. Snow tires and slower driving will improve your chances of not becoming a statistic.
• If you're able you may think about getting an inexpensive car just to use in emergencies.

You will need some money set aside to pay your living expenses while you recover. It is much better to take action now and be prepared rather than deal with things when your in panic mode.