Financial Security and Your Homeowners Coverage

There are more cars hitting the road each year. With countless vehicles on the road, crashes will happen. Automobile insurance can make the difference between a minor setback and a major trial. How can you determine what insurance you need and how to buy it? Coverage requirements will differ by state/province, but usually include the following: Liability: Personal injury and property damage that you have caused will be covered under this type of insurance. If you are in legal trouble, it also pays your legal fees. Recommended, higher levels of liability insurance are available that cover more than the lower, state-mandated varieties. Personal Injury Protection: This type of insurance pays for the medical treatment for you or your passengers, no matter who was at fault in the crash. It is mandated in some states and optional in others. It may also cover lost wages, replacement of services and funeral costs. The minimum amount of this insurance is usually set by the state. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. If you buy this type of coverage, you will receive coverage for reasonable medical or funeral costs. Collision: This pays for damage to your vehicle caused by an accident. Comprehensive: Applies if your vehicle is stolen or damaged by something other than a wreck, including weather damage or vandalism. Uninsured Motorist: Thousands of drivers are breaking the law by driving a car without having the proper amount of car insurance. This insurance will cover you if one of these drivers hit you. Under-Insured Motorist: Similar to uninsured coverage, this type of insurance covers you from drivers without enough insurance protection. Other types of coverage, such as car rental, can also be purchased. What you pay for auto insurance varies based on the company and will depend on several factors, such as: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Many people don't want to pay for auto insurance, but it is truly something you don't want to live without. Review your needs, do your research , and with the guidance of your insurance agency, choose the option that fits you best. State Farm Agent Clermont

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