Financial Security and Your Insurance Coverage

Every year, more cars travel America's roads. This could lead to a higher possibility of a collision for you and your family. The difference between a little aggravation and major obstacle can be car insurance. How can you decide what insurance you need and how to purchase it? Coverage requirements will differ by state/province, but typically include the following: Liability: It pays for the expenses you are responsible for in a car accident, including property damage and injury. It also covers your defense and court costs if you are sued. Recommended, higher levels of liability insurance are available that take care of more events than the stripped-down, state-mandated insurance. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you or other people in your car, regardless of who was at fault in the crash. It is required in some states and optional in others. This insurance can also cover lost earnings, service replacement and funeral expenses. Local law typically sets minimum amounts. Medical Payments: This type of coverage can be purchased in states that are not considered no-fault and will pay no matter who is responsible for the accident. All reasonable medical or funeral expenses will be covered under this insurance policy. Collision: This pays for damages to your car caused by a collision. Comprehensive: This type of insurance protection takes care of any damages not caused by a collision. This could include hail damage, vandalism, and robbery. Uninsured Motorist: This pays for repair and replacement costs when an insured person is in an accident caused by another person who does not have liability coverage. Under-Insured Motorist: Many drivers have liability insurance that might not be able to cover all the expenses they are supposed to take care of. This type of insurance covers you in accidents involving those drivers. Other kinds of car insurance, like emergency road service, are also available. Auto Insurance Clermont

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