Insurance and What It Means To You

There are more drivers on the road every year. This can lead to a higher possibility of a collision for you and your family. Car insurance can be the difference between a small inconvenience and a large trial. So how can you figure out which type of insurance you need and how much to buy? Coverage requirements vary by state/province, but typically include the following: Liability: Pays for damages due to bodily injury and property damage to others that you are responsible for. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of property use. If you are sued, it also pays your legal fees. State laws typically mandate standard amounts, but higher amounts can be purchased and are very beneficial. Personal Injury Protection: This type of insurance pays for the medical treatment for you and other people in your car, regardless of who was responsible for the crash. It is sometimes called no-fault coverage. This insurance may also pay for lost earnings, replacement of services and funeral expenses. State law typically sets minimum amounts. Medical Payments: This coverage is available in non-no-fault states; it pays regardless of who carries responsibility for a crash. It pays for all insured person's reasonable and necessary medical and funeral expenses for bodily injury from a crash. Collision: Damages that occur from a collision will be covered under this kind of insurance. Comprehensive: This kind of insurance protection covers all non-collision damages. This may include hail damage, vandalism, and robbery. Uninsured Motorist: Pays for damages when an insured person is in an accident caused by another person who does not have liability coverage. Under-Insured Motorist: Pays for damages when an insured person is in an accident caused by another person who does not have the right amount of insurance to pay for the full cost of the damages. Other types of coverage, such as emergency road service, are also available. Auto Insurance Clermont