Purchasing Insurance Protection It's Not About The Money

Every year, more cars and drivers travel the roads. With the increasing number of vehicles on the road, crashes will happen. Automobile insurance can be the difference between a small setback and a large trial. So how do you know what insurance you need and how much to purchase? Mandated coverage varies based on the state/province but usually includes the following: Liability: Personal injury and property damage that you are responsible for will be covered under liability insurance. Damages from bodily injury include medical fees, and lost wages. Property damage can refer to car repair costs and loss of use of property. If you are in legal trouble, it also pays your court costs. State laws usually mandate standard amounts, but larger amounts are available and extremely helpful. 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 can also cover lost wages, replacement of services and funeral costs. State government usually sets minimum amounts. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay no matter who is responsible for the accident. If this policy has been purchased, the insured person will receive payment for necessary medical or funeral costs. Collision: This pays for damages to your vehicle caused by an accident. Comprehensive: Applies if your vehicle is stolen or damaged by something other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for repair and replacement costs when an insured person is injured in a crash caused by another person who does not have liability coverage. Under-Insured Motorist: There are other drivers who have liability insurance that might not be able to cover all the expenses they are supposed to take care of. Under-insured motorist coverage protects you in accidents involving those drivers. Other kinds of car insurance, like emergency road service, can also be purchased. Your auto insurance payments vary by company and will depend on several factors, such as: * Which policies you select * The type of the vehicle you drive * Whether or not you have been in an accident * Your age, gender and marital status * Where you live Don't wait around to buy car insurance; you should never drive a car without it. Review your needs, do your research , and with the support of your insurance agent, make the decision that best suits you. State Farm Clermont