Insurance and You

There are more drivers on the road each year. As this number goes up, the chances of a car wreck will also go up. If you get in a car wreck, the auto insurance you own can make a large difference in how much you have to pay. So how do you know what insurance you need and how much you should buy? Auto insurance protects you by covering the cost of damage caused to your vehicle or someone else's vehicle and injury to others, yourself, or your passengers, and certain other occurrences, such as theft. Car insurance is required by law in all states and provinces. Without insurance, you risk having to pay the total price of any harm you cause others. Liability: This type of insurance will pay for the damage that you are responsible for. These damages can include personal injury, and property damage. Bodily injury damages can include medical expenses, lost wages, and pain and suffering. Property damage can refer to damaged property or loss of use of property. It also covers your defense and court costs if you are sued. Local laws typically require standard amounts, but larger 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 personal injury protection is typically set by local government. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay regardless of who is responsible for an accident. If this type of coverage is purchased, the insured person will receive coverage for necessary medical or funeral costs. Collision: Damages resulting from a collision will be covered under this type of car insurance. Comprehensive: This applies if your vehicle is stolen or damaged by causes other than an accident, including weather damage or vandalism. Uninsured Motorist: Pays for damages when someone with insurance is injured in a crash caused by another person who does not have liability coverage. Under-Insured Motorist: Pays for damages when an insured person is injured in a crash caused by another person who does not have enough liability insurance to pay for the full amount of the damages. Other policies, such as car rental and emergency road service, are also available. Insurance Clermont