Types of Auto Insurance Coverage
Each year, more automobiles and drivers travel the roads. This could lead to an increased likelihood of a collision. If you get in a car accident, the car insurance you own can make a large difference in how much you have to pay. How can you decide what insurance you need and how to buy it? Required coverage varies based on the state/province but usually includes the following: Liability: Liability pays for damages due to personal injury and damage to property that you are responsible for. Damages from bodily injury can include medical fees, and lost wages. Property damage can refer to damaged property or loss of property use. It can also cover your defense and court costs if you are sued. Recommended, more comprehensive levels of liability insurance can be purchased that cover more events than the stripped-down, state-mandated insurance. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and other people in your car, no matter who was at fault in the crash. It is occasionally called no-fault coverage. The minimum amount of personal injury protection is usually set by local government. Medical Payments: Medical payment coverage is available in states that are not considered no-fault; it pays regardless of who may have been at fault. If this type of coverage is purchased, the insured person will receive payment for all types of medical and funeral expenses. Collision: Damages resulting from a collision will be paid for under this kind of car insurance. Comprehensive: Cover your vehicle from damages from other sources when you buy this type of insurance. This can include protection from theft, vandalism, and fire or flood damage. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance coverage will protect you. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance covers you from people driving without sufficient insurance coverage. Other kinds of coverage, including emergency road service and car rental, are also available. State Farm Clermont