Financial Security and Your Home Insurance Policy

There are more cars on the road every year. As this number increases, the chances of a car accident will also go up. Automobile insurance can make the difference between a small setback and a large trial. How can you decide what insurance you require and how to purchase it? Car insurance protects you by covering the cost of damage or injury you cause others while driving your car, damage to your vehicle or injury to you or your passengers from an accidents, and certain other occurrences, such as theft. Auto insurance is mandated by state law. Without insurance, you risk having to pay the total price of the harm you cause others. Liability: This type of insurance will pay for the damage that you have caused. These damages may include personal injury, and property damage. It can also cover your defense and court costs if you are sued. State laws typically mandate minimum amounts, but larger amounts can be purchased and are usually recommended. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you and your passengers, regardless of who was responsible for the crash. It is occasionally referred to as no-fault coverage. State law typically sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault; it pays regardless of who carries responsibility for a crash. All necessary medical or funeral expenses will be paid for under this insurance coverage. Collision: This pays for damages to your vehicle caused by a collision. Comprehensive: Protect your vehicle from all non-collision damages when you buy this type of insurance. This can include protection from theft, vandalism, and weather damage. Uninsured Motorist: This pays for damages when someone with insurance is injured in an accident caused by a driver who does not have insurance. Under-Insured Motorist: Many drivers have liability insurance that might not be able to pay for all the expenses they are supposed to take care of. This type of insurance covers you from those drivers. Other policies, including car rental and emergency road service, are also available. Insurance Clermont