Financial Security and Your Homeowners Coverage
Each year, more cars and drivers travel the highways. This can lead to an increased likelihood of a car accident. If you get in a car accident, the car insurance you own can make a big difference in how much you have to pay. So how can you find out what insurance you need and how much to purchase? Car insurance protects you by paying for damage caused to your car or another person's car and injury to others, yourself, or passengers in your car, plus certain other incidents, such as burglary. By not purchasing insurance, you run the risk of having to pay the total cost of any harm you cause others or to repair or replace your car if it is damaged or stolen. Liability: This type of insurance coverage will pay for the damage that you have caused. These damages might include bodily injury, and property damage. It also covers your defense and court costs if you are sued. Local laws usually require standard amounts, but larger amounts can be purchased and are very beneficial. Personal Injury Protection: Personal injury protection pays for all medical treatment for you and other people in your car, regardless of who was at fault in the crash. It is mandated in some states and optional in others. Local law usually sets minimum amounts. Medical Payments: This type of coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. It pays for all insured person's reasonable and necessary medical and funeral expenses for bodily injury from an accident. Collision: Damages resulting from a car accident will be covered under this type of insurance. Comprehensive: Cover your car from all non-collision damages when you buy this type of coverage. This includes protection from burglary, vandalism, and weather damage. Uninsured Motorist: Too many 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 you are in an accident with one of these drivers. Under-Insured Motorist: Just like uninsured coverage, this type of insurance covers you from people driving without enough insurance protection. Other types of coverage, such as emergency road service, are also available. What you pay for car insurance varies by company and will depend on several factors, such as: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * The place where you live Some have come to think of car insurance as a necessary evil, but it is something you will need if you are ever in an accident. Review your needs, research your options, and with the guidance of your insurance agency, make the decision that best suits you. Auto Insurance Quotes Clermont