Insurance and What It Means To You

We see more cars on the road every year. With so many vehicles on the road, crashes can happen. Car insurance can make the difference between a small inconvenience and a major hassle. So how can you find out what insurance you need and the quantity you should purchase? Coverage requirements vary by state/province, but typically include the following: Liability: This kind of insurance can pay for the damage that you have caused. These damages might include bodily injury, and property damage. Damages from bodily injury include medical expenses, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of use of property. If you are in legal trouble, liability insurance will pay for your defense and court costs. Local laws typically require minimum amounts of liability insurance, but larger amounts can be purchased and are very beneficial. Personal Injury Protection: This is required in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. Local government typically sets minimum amounts. Medical Payments: Medical payment coverage is available in states that are not considered no-fault; it will pay regardless of who carries responsibility for a crash. If this policy is purchased, the insured person will receive coverage for necessary medical and funeral costs. Collision: Damages resulting 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 a collision, including weather damage or vandalism. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance will make sure you are covered. Under-Insured Motorist: Many drivers have liability insurance that can't pay for all the expenses they are responsible for. This type of insurance covers you from those drivers. Other policies, such as emergency road service, are also available. What you pay for auto insurance varies by company and will depend on several factors, including: * Which policies you select * The type of the car you drive * Your driving record * Your age, sex and marital status * The place where you live Some have consider auto insurance as a necessary evil, but it is something you will need if you are ever in an accident. Review your needs, do your research , and with the guidance of your insurance agency, make the decision that fits you best. State Farm Agent Clermont