Insurance and What It Means To You

Every year, more cars and drivers are on the highways. This could lead to an increased likelihood of a collision. If you get in a car crash, 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 where you should go to buy it? Insurance requirements will differ by state/province, but typically include the following: Liability: Bodily injury and property damage that you are responsible for will be paid for under liability insurance. It also covers your defense and court costs if you are sued. Local laws typically require standard amounts, but higher amounts are available and usually recommended. Personal Injury Protection: This 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. It may also cover lost wages, service replacement and funeral expenses. Local law typically sets minimum amounts. Medical Payments: This coverage can be purchased in non-no-fault states; it will pay regardless of who may have been at fault. All reasonable medical or funeral expenses will be paid for under this insurance policy. Collision: Damages resulting from a collision will be paid for under this kind of insurance. Comprehensive: Cover your vehicle from damages from other sources when you buy this type of insurance. This may include protection from robbery, vandalism, and weather damage. Uninsured Motorist: This pays for damages when an insured person is in a crash caused by a driver who does not have liability insurance or by a person who cannot be identified (typically a hit-and-run driver). Under-Insured Motorist: Many drivers have liability insurance that can't cover all the expenses they are responsible for. Under-insured motorist coverage covers you in accidents involving those drivers. Other kinds of coverage, including car rental, can also be purchased. Your auto insurance payments 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, gender and marital status * Where you live Many drivers may not want to pay for car insurance, but it is truly something you don't want to live without. Evaluate your needs, do your research , and with the help of your insurance agency, choose the option that fits you best. Insurance Clermont