Insurance and You
Every year, more cars travel the highways. As this number increases, the chances of a car collision will also go up. If you get in a car accident, the auto insurance you have can make a big difference in what happens next. But why do you need to own insurance and just how much should you buy? Mandated coverage varies by state/province but usually includes the following: Liability: It pays for damages due to bodily injury and property damage to others that you are responsible for. Bodily injury damages can include medical expenses, lost wages, and pain and suffering. Property damage can refer to damaged property and loss of use of property. If you are in legal trouble, it also pays your legal fees. Recommended, higher levels of liability insurance are available that take care of more events than the lower, state-mandated insurance. Personal Injury Protection: Personal injury protection pays for the medical treatment for you and other people in your car, regardless of who was at fault in the crash. It is occasionally referred to as no-fault coverage. Local law usually sets minimum amounts. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay no matter who is responsible for the accident. If this type of coverage is bought, the insured person will receive payment for reasonable medical and funeral costs. Collision: This pays for damages to your car caused by a collision. Comprehensive: Protect your car from damages from other sources by purchasing this type of coverage. This may include protection from robbery, vandalism, and fire or flood damage. Uninsured Motorist: This pays for repair and replacement costs when an insured person is injured in an accident caused by a driver who does not have insurance. Under-Insured Motorist: Similar to uninsured motorist protection, this kind of insurance covers you from people driving without enough insurance coverage. Emergency road service, car rental, and other varieties of coverage can also be purchased. State Farm Clermont