Insurance and You

There are more cars and drivers on the road every year. With countless vehicles on the road, accidents can happen. The difference between a small aggravation and major obstacle can be car insurance. But why is insurance important and just how much should you buy? Car accidents can result in a variety of different expenses, which your car insurance might be able to pay for based on the insurance policy you own. Deciding to drive without owning insurance could cause you to repair or replace a stolen or damaged vehicle or pay the cost of all the damage that you may have caused. Liability: This type of insurance coverage can pay for the damage that you have caused. These damages may include personal injury, and property damage. Bodily injury damages include medical fees, and lost wages. Property damage includes damaged property and loss of property use. If you are sued, this type of insurance can pay for your defense and court costs. Recommended, more comprehensive levels of liability insurance can be purchased that cover more events than the stripped-down, state-mandated varieties. Personal Injury Protection: This 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. It may also pay for lost wages, service replacement and funeral costs. State government usually sets minimum amounts. Medical Payments: This type of coverage is available in states that are not considered no-fault and will pay no matter who is responsible for the accident. If you purchase this type of coverage, you will receive coverage for necessary medical or funeral costs. Collision: Damages that occur from a car accident will be paid for under this type of car insurance. Comprehensive: This type of insurance takes care of all non-collision damages. This may include fire damage, vandalism, and robbery. Uninsured Motorist: Thousands of drivers are breaking the law by driving without owning the proper amount of insurance. This insurance will protect you if you are in a collision with one of these drivers. Under-Insured Motorist: This pays for damages when a driver with insurance is in a crash caused by another person who does not have the right amount of insurance to pay for the full amount of the damages. Other policies, like car rental, are also available. Your auto insurance payments vary by company and will depend on several factors, such as: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Don't wait around to buy car insurance; you shouldn't drive a car without it. Evaluate your needs, research your options, and with the guidance of your insurance agency, choose the option that best suits you. Car Insurance Groveland