Purchasing Insurance It's Not About The Money

There are more cars on the road every year. With countless vehicles on the road, crashes will happen. If you get in a car accident, the auto insurance you own can make a large difference in the experience you have. So how do you know what type of car insurance you need and how much to buy? Your car insurance may be able to pay for the expenses from a car crash ranging from hospital bills to legal fees. Electing to drive without owning insurance could cause you to repair or replace a stolen or damaged vehicle or pay the cost of all the damage for which you might be responsible. Liability: This kind of insurance will pay for the damage that you have caused. These damages can include bodily injury, and property damage. If you are sued, liability insurance can pay for your legal fees. State laws typically mandate minimum amounts of liability insurance, but higher amounts can be purchased and are usually recommended. Personal Injury Protection: Personal injury insurance is mandated 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. This insurance may also pay for lost wages, replacement of services and funeral expenses. The minimum amount of personal injury protection is usually set by local government. Medical Payments: Medical payment coverage can be purchased in non-no-fault states; it will pay despite who carries responsibility for an accident. If this type of coverage is bought, the insured person will receive coverage for necessary medical or funeral expenses. Collision: Damages that occur from a car accident will be covered under this kind of car insurance. Comprehensive: This applies if your car is stolen or damaged by causes other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Many drivers are breaking the law by driving a car without owning the right amount of auto insurance. This type of coverage will protect you if you are in an accident with one of these drivers. Under-Insured Motorist: There are other drivers who have liability insurance that can't pay for all the expenses they are supposed to take care of. Under-insured motorist coverage protects you from those drivers. Emergency road service, car rental, and other varieties of coverage can also be purchased. Insurance Clermont

[Top]