Buying Insurance Protection About More Than Money

There are more cars and drivers hitting the road every year. As this number goes up, the possibility of accidents also goes up. The difference between a little bother and major pain can be car insurance. But why do you need insurance and just how much should you buy? Insurance requirements will differ by state/province, but typically include the following: Liability: Bodily injury and property damage that you have caused will be paid for under liability insurance. Damages from bodily injury can include medical expenses, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of property use. If you are in legal trouble, it also pays your court costs. Local laws typically mandate standard amounts, but larger amounts can be purchased and are very beneficial. Personal Injury Protection: Personal injury protection pays for the medical treatment for you or other people in your car, no matter who was at fault in the crash. It is sometimes referred to as no-fault coverage. Local law typically sets minimum amounts. Medical Payments: This coverage can be purchased in states that are not considered no-fault; it will pay regardless of who carries responsibility for a crash. If you buy this type of coverage, you will receive coverage for reasonable medical or funeral expenses. Collision: This pays for damage to your vehicle caused by an accident. Comprehensive: Applies if your vehicle is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for repair and replacement costs when an insured person is injured in an accident caused by a driver who does not have insurance. Under-Insured Motorist: This pays for damages when an insured person is injured in an accident caused by a driver who does not have the right amount of insurance to cover the full amount of the damages. Other kinds of coverage, like car rental, can also be purchased. Your car insurance payments varies based on the company and will depend on multiple factors, including: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, gender and marital status * The place where you live Many people think of car insurance as a necessary evil, but it can rescue your finances. Review your needs, do your research , and with the guidance of your insurance agency, choose the option that fits you best. Insurance Clermont