Purchasing Insurance About More Than Money

Every year, more cars travel our roads and freeways. This could lead to a higher possibility of a car accident for you and your family. If you get in a car accident, the car insurance you own can make a large difference in what happens next. So how can you figure out which type of insurance you need and how much to buy? Car crashes can lead to a variety of different expenses, which your car insurance might be able to pay for based on the insurance policy you have purchased. No matter where you live, you are required to buy some type of car insurance. Without insurance, you run the risk of having to pay the total price of the harm you cause others. Liability: Liability pays for the expenses you have caused to others in a car collision, including injury and property damage. Damages from bodily injury can include medical expenses, and lost wages. Property damage can refer to car repair costs and loss of property use. It also covers your legal fees if you are sued. Recommended, more comprehensive levels of insurance are available that take care of more events than the stripped-down, state-mandated insurance. Personal Injury Protection: This type of insurance pays for all medical treatment for you or your passengers, regardless of who was responsible for the crash. It is commonly called no-fault coverage. Local law usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased 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 insurance policy. Collision: This pays for damage to your car caused by an accident. Comprehensive: This type of insurance protection takes care of any non-collision damages. This may include hail damage, vandalism, and burglary. Uninsured Motorist: This pays for repair and replacement costs when someone with insurance is in an accident caused by a driver who does not have insurance. Under-Insured Motorist: This pays for damages when a driver with insurance is in an accident caused by a driver who does not have enough liability insurance to pay for the total amount of the damages. Emergency road service, car rental, and other types of car insurance can also be purchased. Your car insurance payments varies based on the company and will depend on several factors, including: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * The place where you live Many people think of car insurance as a necessary evil, but it can save you from a financial crisis. Evaluate your needs, research your options, and with the guidance of your insurance agent, make the decision that fits you best. Golf Cart Insurance Clermont