Financial Security and Your Insurance Policy

Every year, more cars hit the highways. As this number goes up, the possibility of accidents also goes up. The difference between a small aggravation and large obstacle can be car insurance. But why do you need insurance and exactly how much should you purchase? Your car insurance may be able to pay for the expenses from a car crash ranging from car repairs to legal fees. Auto insurance is required by state law. Without insurance, you risk having to pay the total cost of the harm you cause others. Liability: Bodily injury and property damage that you are responsible for will be paid for under this type of insurance. Damages from bodily injury can include medical expenses, lost wages, and pain and suffering. Property damage can refer to car repair costs or loss of use of property. It can also cover your legal fees if you are sued. Recommended, higher levels of insurance are available that take care of more than the stripped-down, state-mandated varieties. Personal Injury Protection: This type of insurance pays for all medical treatment for you or your passengers, regardless of who was responsible for the collision. It is commonly referred to as no-fault coverage. State law usually sets minimum amounts. Medical Payments: This type of coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. This insurance will pay for all insured person's necessary medical or funeral expenses resulting from an accident. Collision: Damages resulting from a collision will be paid for under this type of car insurance. Comprehensive: This applies if your vehicle is stolen or damaged by something other than a wreck, including weather damage or vandalism. Uninsured Motorist: This pays for damages when someone with insurance is in a crash caused by another person who does not have insurance. Under-Insured Motorist: Similar to uninsured motorist protection, this type of insurance covers you from drivers without sufficient insurance coverage. Emergency road service, car rental, and other types of car insurance can also be purchased. Auto Insurance Quotes Clermont