Insurance and You

Each year, more cars and drivers are on the roads. As this number goes up, the chances of a car accident will also go up. Automobile insurance can make the difference between a minor inconvenience and a large hassle. How can you determine what type of insurance you need and where you should go to buy it? Insurance requirements vary by state/province, but usually include the following: Liability: It pays for expenses due to personal injury and property damage to others that you are responsible for. It also covers your legal fees if you are sued. Recommended, higher levels of 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 your passengers, regardless of who was responsible for the accident. It is mandated in some states and optional in others. The minimum amount of personal injury protection is usually set by local government. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault; it pays regardless of who carries responsibility for a crash. If this policy is purchased, the insured person will receive payment for necessary medical and funeral expenses. Collision: Damages that occur from a car accident will be covered under this kind of insurance. Comprehensive: This applies if your car is stolen or damaged by something other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: If you are hit by an uninsured driver or a hit-and-run driver, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: Similar to uninsured coverage, this kind of insurance protects you against drivers without enough insurance coverage. Other policies, like car rental and emergency road service, are also available. What you pay for car insurance varies by company and will depend on several factors, including: * What coverage you select * The type of the car you drive * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Many people may not want to pay for auto insurance, but it is truly something you don't want to live without. Evaluate your needs, research your options, and with the support of your insurance agent, choose the option that best suits you. Auto Insurance Clermont