Insurance and What It Means To You

The number of cars on the road increases each year. This can lead to a higher possibility of a car accident for you and your family. If you get in a car accident, the auto insurance you have can make a large difference in what happens next. But why do you need insurance and just how much should you purchase? Your insurance may be able to pay for the expenses from a car crash ranging from hospital bills to legal fees. By not purchasing insurance, you risk having to pay the total cost of the harm you cause others. Liability: Pays for expenses due to personal injury and damage to property where you are responsible. It can also cover your defense and court costs if you are sued. Recommended, more comprehensive levels of insurance can be purchased that cover more than the lower, state-mandated varieties. Personal Injury Protection: Personal injury protection pays for all medical treatment for you or your passengers, regardless of who was at fault in the collision. It is commonly referred to as no-fault coverage. This insurance may also pay for lost earnings, service replacement and funeral expenses. The minimum amount of this insurance is typically set by local government. Medical Payments: Medical payment coverage can be purchased in non-no-fault states; it will pay regardless of who may be responsible. If this type of coverage has been purchased, the insured person will receive payment for reasonable medical or funeral expenses. Collision: Pays for damage to your vehicle caused by a collision. Comprehensive: This kind of insurance takes care of any non-collision damages. This may include fire damage, vandalism, and burglary. Uninsured Motorist: Many drivers are breaking the law by driving a car without having the right amount of auto insurance. This insurance will protect you if one of these drivers hit you. Under-Insured Motorist: Similar to uninsured motorist protection, this kind of insurance protects you against drivers without enough insurance protection. Other types of coverage, including emergency road service and car rental, can also be purchased. What you pay for car insurance varies by company and will depend on multiple factors, including: *Your selected 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 Don't procrastinate buying auto insurance; you should never be on the road without it. Evaluate your needs, research your options, and with the help of your insurance agency, choose the option that fits you best. State Farm Agent Clermont