Auto Insurance Basics

The amount of cars and drivers on the road increases each year. As this number increases, the chances of a car wreck will also go up. If you get in a car crash, the auto insurance you have can make a large difference in what happens next. How can you determine what insurance you need and how to buy it? Coverage requirements vary by state/province, but usually include the following: Liability: This type of insurance coverage can pay for the damage that you have caused. These damages may include bodily injury, and property damage. If you are sued, it also pays your legal fees. Recommended, more comprehensive levels of liability insurance are available that cover more than the stripped-down, state-mandated varieties. 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 occasionally called no-fault coverage. It can also cover lost earnings, service replacement and funeral expenses. The minimum amount of personal injury protection is typically set by the state. Medical Payments: This coverage can be purchased in non-no-fault states; it pays despite who may be responsible. It pays for all insured person's reasonable and necessary medical and funeral expenses resulting from a crash. Collision: This pays for damage to your car caused by an accident. Comprehensive: This applies if your car is stolen or damaged by causes other than a collision, including weather damage or vandalism. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: This pays for damages when an insured person is injured in a crash caused by another person who does not have the right amount of insurance to cover the total amount of the damages. Other policies, like car rental, are also available. What you pay for auto insurance varies by company and will depend on multiple factors, including: * Which policies you select * The type of the car you drive * Your driving record * Your age, gender and marital status * Where you live Many people think of auto 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, choose the option that best suits you. Auto Insurance Clermont