Insurance and You

The number of cars on the road increases each year. As this number goes up, the possibility of accidents also goes up. If you get in a car accident, the car insurance you have can make a large difference in how much you have to pay. How can you decide what insurance you need and how you can buy it? Car crashes can result in a variety of different expenses, which can all be paid for based on the type of coverage you own. Your state or province certainly mandates some type of car insurance. Making the decision to drive without owning insurance could mean you have to repair or replace a stolen or damaged vehicle and pay the cost of any damage for which you might be responsible. Liability: Liability pays for the expenses you have caused to others in a car collision, including property damage and injury. It can also cover your legal fees if you are sued. Recommended, more comprehensive levels of liability insurance are available that cover more than the lower, state-mandated insurance. Personal Injury Protection: This type of insurance pays for the medical treatment for you and other people in your car, no matter who was responsible for the collision. It is required in some states and optional in others. This insurance can also cover lost wages, replacement of services and funeral expenses. Local law typically 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. If you buy this type of coverage, you will receive payment for reasonable medical and funeral expenses. Collision: Damages that occur from a car accident will be paid for under this type of insurance. Comprehensive: This type of insurance takes care of any damages not caused by a collision. This may include weather damage, vandalism, and theft. Uninsured Motorist: This pays for damages when someone with insurance is injured in a crash caused by a driver who does not have insurance. Under-Insured Motorist: Similar to uninsured motorist protection, this type of insurance covers you from drivers without enough insurance protection. Other kinds of car insurance, such as car rental, can also be purchased. What you pay for auto insurance varies by company and will depend on several factors, such as: *Your selected 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 they can get by without car insurance, but it is truly something you don't want to live without. Review your needs, do your research , and with the guidance of your insurance agent, choose the option that best suits you. Golf Cart Insurance Clermont