Buying Insurance It's Not About The Money

We see more and more cars on the road every year. With the increasing number of vehicles on the road, crashes can happen. The difference between a little bother and major obstacle can be your car insurance. But why do you need insurance and just how much should you get? Mandated coverage varies by state/province but usually includes the following: Liability: This type of insurance can pay for the damage that you have caused. These damages might include bodily injury, and property damage. Bodily injury damages include medical expenses, and lost wages. Property damage includes damaged property or loss of use of property. If you are sued, it also pays your legal fees. Recommended, higher levels of insurance can be purchased that cover more events than the stripped-down, state-mandated insurance. 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. This insurance can also pay for 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 can be purchased in non-no-fault states and will pay no matter who is responsible for the accident. All necessary medical or funeral expenses will be paid for under this insurance coverage. Collision: Pays for damages to your vehicle caused by an accident. Comprehensive: This type of insurance takes care of all damages not caused by a collision. This could include fire damage, vandalism, and robbery. Uninsured Motorist: Many drivers are ignoring the law by driving a car without owning the proper amount of insurance. This type of coverage will protect you if you are in a collision with one of these drivers. Under-Insured Motorist: Similar to uninsured motorist protection, this type of insurance protects you against drivers without sufficient insurance coverage. Emergency road service, car rental, and other types of coverage can also be purchased. Insurance Clermont

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