Financial Security and Your Homeowners Coverage

You will see more and more drivers on the road each year. As this number increases, the possibility of accidents also increases. Automobile insurance can make the difference between a minor inconvenience and a major trial. How can you decide what type of insurance you need and where you should go to buy it? Mandated coverage varies by state/province but typically includes the following: Liability: It pays for damages due to bodily injury and damage to property for which you are responsible. It can also cover your defense and court costs if you are sued. Recommended, more comprehensive levels of insurance are available that cover more events than the lower, state-mandated insurance. Personal Injury Protection: This type of insurance pays for the medical treatment for you and your passengers, no matter who was responsible for the collision. It is commonly referred to as no-fault coverage. It can also pay for lost wages, service replacement and funeral costs. 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 and will pay no matter who is responsible for the accident. If you buy this type of coverage, you will receive payment for reasonable medical and funeral costs. Collision: Damages resulting from a collision will be paid for under this kind of insurance. Comprehensive: Applies if your car is stolen or damaged by something other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Pays for repair and replacement costs when an insured person is injured in a crash caused by a driver who does not have insurance. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance covers you from drivers without sufficient insurance coverage. Emergency road service, car rental, and other types of car insurance can also be purchased. Car Insurance Groveland