Insurance and You

There are more cars hitting the road each year. This could lead to an increased likelihood of a car accident for you and your family. The difference between a small aggravation and major pain can be your car insurance. So how do you know which type of insurance you need and how much to buy? Insurance requirements will differ by state/province, but typically include the following: Liability: Bodily injury and property damage that you are responsible for will be paid for under liability insurance. It can also cover your legal fees if you are sued. State laws typically require minimum amounts of liability insurance, but higher amounts are available and usually recommended. Personal Injury Protection: Personal injury protection pays for all medical treatment for you or other people in your car, no matter who was responsible for the crash. It is required in some states and optional in others. It may also cover lost wages, service replacement and funeral expenses. State law typically sets minimum amounts. Medical Payments: This type of coverage can be purchased in states that are not considered no-fault and will pay no matter who is responsible for the accident. All reasonable medical or funeral expenses will be covered under this insurance coverage. Collision: Damages that occur from a car accident will be covered under this kind of insurance. Comprehensive: Applies if your vehicle is stolen or damaged by something other than a collision, including weather damage or vandalism. Uninsured Motorist: Pays for damages when an insured person is in a crash caused by another person who does not have liability insurance or by a person who cannot be identified (typically a hit-and-run driver). Under-Insured Motorist: Pays for collision expenses when an insured person is in a crash caused by another person who does not have the right amount of insurance to cover the total amount of the damages. Emergency road service, car rental, and other types of car insurance can also be purchased. What you pay for car insurance varies based on the company and will depend on multiple factors, such as: * What coverage you choose * The make and model of the vehicle you own * Whether or not you have been in an accident * Your age, gender and marital status * Where you live Many people consider car insurance to be a necessary evil, but it can save you from a financial fiasco. Review your needs, do your research , and with the guidance of your insurance agent, choose the option that best suits you. Insurance Clermont

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