Purchasing Home Insurance More Than Just Money

The number of cars on the road increases every year. With so many vehicles on the road, accidents can happen. The difference between a little aggravation and major obstacle can be your car insurance. So how do you know which type of insurance you need and how much to buy? Insurance requirements will differ by state/province, but typically include the following: Liability: Pays for the expenses you have caused to others in a car accident, including injury and property damage. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage includes damaged property and loss of use of property. If you are sued, liability insurance can pay for your defense and court costs. State laws typically mandate minimum amounts, but higher amounts can be purchased and are usually recommended. Personal Injury Protection: Personal injury insurance is mandated in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. It can also cover lost wages, replacement of services and funeral expenses. The minimum amount of this insurance is usually set by the state. Medical Payments: This coverage is available in non-no-fault states; it pays regardless of who may be responsible. All reasonable medical or funeral expenses will be covered under this type of policy. Collision: This pays for damage to your car caused by a collision. Comprehensive: Applies if your car is stolen or damaged by causes other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for damages when an insured person is in a crash caused by a driver who does not have liability coverage. Under-Insured Motorist: Many drivers have liability insurance that can't cover all the expenses they are supposed to take care of. This type of insurance protects you from those drivers. Other policies, like emergency road service, are also available. State Farm Agent Clermont