Purchasing Insurance About More Than Money

Every year, more cars and drivers hit the roads. As this number goes up, the chances of a car accident will also go up. If you get in a car wreck, the car insurance you own can make a big difference in the experience you have. So how can you find out what type of car insurance you need and how much to purchase? Your insurance may be able to pay for car crash expenses ranging from car repairs to legal fees. Your state or province certainly requires some type of car insurance. By not purchasing insurance, you run the risk of having to pay the total price of the harm or injury you cause others. Liability: This type of insurance coverage will pay for the damage that you have caused. These damages can include bodily injury, and property damage. Damages from bodily injury include medical expenses, and lost wages. Property damage can refer to damaged property and loss of property use. If you are sued, it also pays your legal fees. Local laws usually mandate standard amounts, but higher amounts are available and very beneficial. 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. Local government usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault and will pay regardless of who is responsible for an accident. If you purchase this type of coverage, you will receive payment for reasonable medical and funeral expenses. Collision: Damages resulting from a collision will be covered under this type of insurance. Comprehensive: Protect your car from damages from other sources when you buy this type of coverage. This can include protection from burglary, vandalism, and weather damage. Uninsured Motorist: Pays for damages when someone with insurance is in an accident caused by another person who does not have insurance. 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. This type of insurance protects you in accidents involving those drivers. Emergency road service, car rental, and other types of coverage can also be purchased. State Farm Clermont

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