Buying Insurance Coverage It's Not About The Money

There are more cars hitting the road each year. As this number increases, the chances of a car wreck will also go up. Car insurance can make the difference between a small setback and a major trial. How can you decide what type of insurance you need and how to buy it? Required coverage varies by state/province but typically includes the following: Liability: It pays for the expenses you are responsible for in a car accident, including injury and property damage. Bodily injury damages include medical expenses, lost wages, and pain and suffering. Property damage can refer to damaged property and loss of use of property. If you are in legal trouble, it also pays your legal fees. Local laws typically require minimum amounts, but larger amounts can be purchased and are usually recommended. 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. It may also cover lost wages, replacement of services and funeral costs. The minimum amount of personal injury protection 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 purchase this type of coverage, you will receive coverage for reasonable medical or funeral costs. Collision: Damages resulting from a car accident will be paid for under this type of car insurance. Comprehensive: This applies if your car is stolen or damaged by causes other than an accident, including weather damage or vandalism. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: Many drivers have liability insurance that might not be able to cover all the expenses they are responsible for. This type of insurance protects you from those drivers. Emergency road service, car rental, and other varieties of coverage can also be purchased. Your auto insurance payments vary by company and will depend on several factors, including: *Your desired coverage *Your vehicle's make and model * Your driving record * Your age, gender and marital status * The place where you live Some have come to think of auto insurance as a necessary evil, but it can truly save you from a financial mess. Evaluate your needs, research your options, and with the support of your insurance agency, make the decision that fits you best. Golf Cart Insurance Clermont

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