The WideRanging Benefits of Your Homeowners Insurance Coverage

There are more cars on the road each year. As this number increases, the chances of a car wreck will also go up. The difference between a small aggravation and major obstacle can be the car insurance you have purchased. But why do you need to own insurance and just how much should you purchase? Coverage requirements vary by state/province, but typically include the following: Liability: Personal injury and property damage that you are responsible for will be covered under liability insurance. It can also cover your defense and court costs if you are sued. State laws typically mandate standard amounts, but higher amounts are available and very beneficial. Personal Injury Protection: Personal injury insurance 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 may also cover lost wages, service replacement and funeral costs. State law typically sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault and will pay no matter who is responsible for the accident. If this type of coverage has been purchased, the insured person will receive coverage for reasonable medical or funeral costs. Collision: Damages resulting from a collision will be covered under this kind of insurance. Comprehensive: This applies if your vehicle is stolen or damaged by something other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Thousands of drivers are ignoring the law by driving a car without owning the proper amount of car insurance. This type of coverage will cover you if one of these drivers hit you. Under-Insured Motorist: This pays for collision expenses when a driver with insurance is in an accident caused by another person who does not have enough liability insurance to cover the total amount of the damages. Other types of coverage, including car rental, are also available. State Farm Clermont