Insurance and What It Means To You

There are more drivers on the road every year. This can lead to an increased likelihood of a collision for you and your family. The difference between a small aggravation and large obstacle can be automobile insurance. But why do you need insurance and just how much should you purchase? Car accidents can lead to a variety of different expenses, which your insurance might be able to pay for based on the type of insurance you own. Making the decision to drive without owning insurance could mean you have to repair or replace a stolen or damaged vehicle and pay the cost of any damage that you may have caused. Liability: This type of insurance will pay for the damage that you have caused. These damages may include bodily injury, and property damage. Bodily injury damages can include medical fees, and lost wages. Property damage includes car repair costs and loss of use of property. It also covers your legal fees if you are sued. Local laws typically mandate standard amounts, but higher amounts can be purchased and are extremely helpful. Personal Injury Protection: This type of insurance pays for the medical treatment for you and other people in your car, regardless of who was at fault in the accident. It is mandated in some states and optional in others. Local law typically sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in non-no-fault states and will pay regardless of who is responsible for an accident. It pays for an insured person's reasonable medical and funeral expenses resulting from an accident. Collision: Pays for damage to your car caused by an accident. Comprehensive: This type of insurance protection takes care of all non-collision damages. This could include weather damage, vandalism, and burglary. Uninsured Motorist: Thousands of drivers are ignoring the law by driving a car without owning the right amount of auto insurance. This type of coverage will cover you if one of these irresponsible drivers hit you. Under-Insured Motorist: Just like uninsured coverage, this type of insurance covers you from people driving without enough insurance coverage. Other types of coverage, such as emergency road service, can also be purchased. What you pay for auto insurance varies based on the company and will depend on multiple factors, such as: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Some people have come to think of auto insurance as a necessary evil, but it is something you will need if you are ever in an accident. Evaluate your needs, research your options, and with the help of your insurance agency, make the decision that fits you best. State Farm Agent Clermont

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