Financial Security and Your Insurance Coverage

There are more cars hitting the road every year. As this number increases, the chances of a car collision will also go up. The difference between a small aggravation and large obstacle can be the car insurance you have purchased. But why is insurance necessary and just how much do you need? Your insurance may be able to pay for the expenses from a car crash ranging from hospital bills to replacement costs. Without insurance, you risk having to pay the total price of the harm or injury you cause others. Liability: Bodily injury and property damage that you have caused will be covered under this type of insurance. Bodily injury damages can include medical fees, and lost wages. Property damage can refer to damaged property and loss of use of property. It also covers your legal fees if you are sued. State laws usually require standard amounts, but larger amounts can be purchased and are extremely helpful. Personal Injury Protection: This type of insurance pays for the medical treatment for you or your passengers, regardless of who was at fault in the accident. It is mandated in some states and optional in others. The minimum amount of personal injury protection is typically set by the state. Medical Payments: Medical payment coverage is available in non-no-fault states; it will pay regardless of who may be responsible. It pays for an insured person's reasonable medical or funeral expenses for bodily injury from a crash. Collision: This pays for damages to your car caused by an accident. Comprehensive: This kind of insurance takes care of all damages not caused by a collision. This may include fire and wind damage, vandalism, and robbery. Uninsured Motorist: This pays for damages when someone with insurance is injured in an accident caused by another person who does not have liability coverage. Under-Insured Motorist: There are other drivers who have liability insurance that might not be able to cover all the expenses they are supposed to take care of. This type of insurance covers you in accidents involving those drivers. Emergency road service, car rental, and other types of coverage can also be purchased. What you pay for car insurance varies by company and will depend on multiple factors, such as: * Which policies you select * The make and model of the car you drive * Whether or not you have been in an accident * Your age, gender and marital status * Where you live Don't wait around to buy car insurance; you shouldn't drive a car without it. Review your needs, do your research , and with the support of your insurance agent, make the decision that fits you best. Auto Insurance Clermont