Auto Insurance and You

There are more cars and drivers hitting the road each year. As this number increases, the chances of a car accident will also go up. The difference between a small aggravation and large obstacle can be your car insurance. But why do you need insurance and just how much should you buy? Auto insurance protects you by paying for injury or damage you inflict on others while you are driving, damage to your vehicle or injury to you or your passengers from an accidents, plus specific other situations, such as theft. Every state and province mandates auto insurance by law. Without insurance, you risk having to pay the full cost of any harm you cause others or of repairing or replacing your vehicle if it is damaged or stolen. 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 fees, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of property use. It also covers your defense and court costs if you are sued. Local laws typically mandate standard amounts, but higher amounts are available and usually recommended. Personal Injury Protection: Personal injury insurance is mandated 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. It can also cover lost earnings, service replacement and funeral expenses. Local law typically sets minimum amounts. Medical Payments: This coverage is available in states that are not considered no-fault; it will pay despite who may have been at fault. If you buy this type of coverage, you will receive payment for all types of medical and funeral expenses. Collision: This pays for damage to your vehicle caused by an accident. Comprehensive: This kind of insurance takes care of all non-collision damages. This may include fire damage, vandalism, and theft. Uninsured Motorist: If you are in an accident with a driver without insurance, this type of insurance will make sure you are covered. Under-Insured Motorist: Similar to uninsured coverage, this kind of insurance protects you against people driving without sufficient insurance coverage. Other types of coverage, such as emergency road service, are also available. Your car insurance payments vary by company and will depend on several factors, including: * Which policies you choose * The make and model of the vehicle you own * Your driving record * Your age, sex and marital status * Where you live Many people think of car insurance as a necessary evil, but it can save you from a financial dilemma. Evaluate your needs, research your options, and with the support of your insurance agent, choose the option that fits you best. State Farm Clermont