Financial Security and Your Insurance Policy

The number of cars and drivers on the road increases each and every year. As this number goes up, the chances of a car accident will also increase. Car insurance can make the difference between a small setback and a major trial. How can you determine what insurance you require and how to buy it? Car crashes can result in a variety of different expenses, which can all be paid for based on the insurance policy you own. Auto insurance is mandated by state law. Without insurance, you run the risk of having to pay the total price of the harm or injury you cause others or to repair or replace your car if it is damaged or stolen. Liability: It pays for damages due to personal injury and damage to property when you are responsible. If you are sued, liability insurance can pay for your court costs. Recommended, higher levels of liability insurance can be purchased that cover more than the stripped-down, state-mandated varieties. Personal Injury Protection: This type of insurance pays for all medical treatment for you and your passengers, no matter who was at fault in the collision. It is mandated in some states and optional in others. State law usually sets minimum amounts. Medical Payments: Medical payment coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. All reasonable medical or funeral expenses will be covered under this type of coverage. Collision: Damages resulting from a car accident will be covered under this kind of insurance. Comprehensive: Cover your car from all non-collision damages when you buy this type of insurance. This can include protection from burglary, vandalism, and weather damage. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance coverage will protect you. Under-Insured Motorist: Many drivers have liability insurance that can't pay for all the expenses they are responsible for. Under-insured motorist coverage covers you from those drivers. Emergency road service, car rental, and other varieties of coverage can also be purchased. Golf Cart Insurance Clermont