Insurance and What It Means To You

Each year, more drivers travel our roads and freeways. This could lead to a higher possibility of a collision for you and your family. The difference between a small aggravation and large obstacle can be the car insurance you own. How can you decide what insurance you require and how you can buy it? Mandated coverage varies by state/province but usually includes the following: Liability: This type of insurance coverage can pay for the damage that you are responsible for. These damages can include bodily injury, and property damage. It can also cover your defense and court costs if you are sued. Local laws usually mandate minimum amounts of liability insurance, but higher amounts are available and extremely helpful. Personal Injury Protection: This is required in some states and is optional in others. It pays you or your passengers for medical treatment resulting from a crash, regardless of who may have been at fault, and is often called no-fault coverage. This insurance can also pay for lost wages, service replacement and funeral expenses. Local law usually sets minimum amounts. Medical Payments: This coverage can be purchased in states that are not considered no-fault; it will pay regardless of who carries responsibility for a crash. It pays for all insured person's necessary medical and funeral expenses for bodily injury from a crash. Collision: Damages that occur from a collision will be paid for under this type of insurance. Comprehensive: Applies if your vehicle is stolen or damaged by something other than a wreck, including weather damage or vandalism. Uninsured Motorist: If you are in an accident with a driver without insurance, this type of insurance coverage will protect you. Under-Insured Motorist: This pays for damages when a driver with insurance is injured in a crash caused by another person who does not have enough liability insurance to pay for the full cost of the damages. Other types of coverage, including car rental, are also available. Your auto insurance payments vary by company and will depend on multiple factors, including: *Your selected coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * The place where you live Some have consider auto insurance as a necessary evil, but it can truly save you from a financial mess. Evaluate your needs, research your options, and with the help of your insurance agency, choose the option that best suits you. Insurance Clermont