Purchasing Home Insurance It's Not About The Money

Each year, more automobiles and drivers hit the highways. As this number increases, the chances of a car accident will also go up. Car insurance can make the difference between a small setback and a major hassle. So how can you figure out what insurance you need and how much to buy? Mandated coverage varies by state/province but usually includes the following: Liability: Pays for damages due to bodily injury and damage to property when you are responsible. Bodily injury damages can include medical expenses, and lost wages. Property damage includes car repair costs or loss of use of property. It also covers your legal fees if you are sued. Recommended, more comprehensive levels of liability insurance are available that cover more than the stripped-down, state-mandated varieties. Personal Injury Protection: Personal injury insurance 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. The minimum amount of personal injury protection is usually set by the state. Medical Payments: Medical payment coverage is available in non-no-fault states and will pay no matter who is responsible for the accident. If this type of coverage has been purchased, the insured person will receive payment for reasonable medical or funeral expenses. Collision: This pays for damages to your car caused by an accident. Comprehensive: This type of insurance covers all non-collision damages. This may include fire and wind damage, vandalism, and robbery. Uninsured Motorist: This pays for repair and replacement costs when an insured person is in an accident caused by another person who does not have liability insurance or by a hit-and-run driver. Under-Insured Motorist: Just like uninsured coverage, this type of insurance covers you from drivers without sufficient insurance coverage. Other types of coverage, including car rental and emergency road service, are also available. Your auto insurance payments vary by company and will depend on multiple factors, such as: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * Where you live Many people consider auto insurance to be a necessary evil, but it can save you from a financial fiasco. Evaluate your needs, do your research , and with the help of your insurance agency, choose the option that fits you best. Auto Insurance Clermont