The FarReaching Benefits of Your Homeowners Insurance Policy

Every year, more drivers travel the highways. This can lead to a higher possibility of a collision for you and your family. The difference between a little bother and major pain can be your insurance. How can you decide what insurance you require and how to purchase it? Mandated coverage varies based on the state/province but typically includes the following: Liability: Personal injury and property damage that you have caused will be paid for under liability insurance. Damages from bodily injury can include medical fees, and lost wages. Property damage includes car repair costs or loss of property use. It can also cover your legal fees if you are sued. Recommended, higher levels of liability insurance can be purchased that take care of more events than the stripped-down, state-mandated varieties. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and other people in your car, no matter who was responsible for the crash. It is sometimes called no-fault coverage. 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. If you purchase this type of coverage, you will receive coverage for necessary medical and funeral expenses. Collision: This pays for damage to your car caused by a collision. Comprehensive: This type of insurance takes care of all damages not caused by a collision. This may include fire damage, vandalism, and robbery. Uninsured Motorist: If you are in an accident with an uninsured driver or a hit-and-run driver, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: This pays for collision expenses when an insured person is in a crash caused by a driver who does not have enough liability insurance to cover the total cost of the damages. Emergency road service, car rental, and other types of car insurance can also be purchased. Auto Insurance Quotes Clermont