Insurance and You

Every year, more automobiles and drivers are on the highways. With so many vehicles on the road, accidents can happen. If you get in a car wreck, the auto insurance you have can make a big difference in how much you have to pay. So how do you know what insurance you need and how much to buy? Car accidents can lead to a variety of different expenses, which your insurance might be able to pay for based on the type of insurance you own. By not owning insurance, you risk having to pay the full price of any harm you cause others or to repair or replace your vehicle if it is damaged or stolen. Liability: This kind of insurance can pay for the damage that you are responsible for. These damages can include bodily injury, and property damage. Damages from bodily injury include medical expenses, lost wages, and pain and suffering. Property damage includes damaged property or loss of use of property. If you are in legal trouble, it also pays your court costs. Recommended, more comprehensive levels of liability insurance are available that cover more than the lower, state-mandated insurance. Personal Injury Protection: Personal injury insurance is mandated 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 personal injury protection is usually set by the state. Medical Payments: Medical payment coverage is available in non-no-fault states and will pay no matter who is responsible for the accident. All reasonable medical or funeral expenses will be paid for under this type of policy. Collision: Damages resulting from a car accident will be paid for under this kind of insurance. Comprehensive: Protect your vehicle from all non-collision damages by purchasing this type of insurance. This includes protection from theft, vandalism, and fire or flood damage. Uninsured Motorist: Too many drivers are breaking the law by driving without purchasing the proper amount of insurance. This type of coverage will protect you if one of these drivers hit you. Under-Insured Motorist: Pays for collision expenses when an insured person is injured in an accident caused by a driver who does not have enough liability insurance to pay for the total cost of the damages. Emergency road service, car rental, and other types of car insurance can also be purchased. What you pay for car insurance varies based on the company and will depend on several factors, such as: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * The place where you live Some people have consider car insurance as a necessary evil, but it is something you will need if you are ever in an accident. Review your needs, research your options, and with the help of your insurance agency, make the decision that fits you best. Auto Insurance Clermont