Insurance and You

Every year, more cars hit our roads and freeways. With so many vehicles on the road, accidents are going to happen. The difference between a little aggravation and major pain can be the car insurance you have purchased. So how do you know what insurance you need and how much to buy? Mandated coverage varies based on the state/province but usually includes the following: Liability: Bodily injury and property damage that you have caused will be covered under liability insurance. Bodily injury damages include medical expenses, and lost wages. Property damage includes car repair costs or loss of use of property. It can also cover your legal fees if you are sued. State laws usually mandate minimum 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. The minimum amount of this insurance is typically set by the state. Medical Payments: This type of coverage can be purchased in states that are not considered no-fault and will pay regardless of who is responsible for an accident. If you buy this type of coverage, you will receive coverage for all types of medical or funeral costs. 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 fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for repair and replacement costs when an insured person is injured in an accident caused by another person who does not have liability insurance or by a driver who cannot be identified (usually a hit-and-run driver). Under-Insured Motorist: This pays for damages when an insured person is injured in an accident caused by another person who does not have enough liability insurance to cover the full cost of the damages. Other types of coverage, such as car rental and emergency road service, are also available. What you pay for auto insurance 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 * Where you live Don't procrastinate buying car insurance; you should never drive a car without it. Review your needs, do your research , and with the guidance of your insurance agency, make the decision that fits you best. Car Insurance Quotes Clermont