Insurance and What It Means To You
Every year, more cars travel our roads and freeways. As this number increases, the chances of a car accident will also go up. Automobile insurance can make the difference between a minor inconvenience and a large hassle. But why do you need to own insurance and just how much should you purchase? Your car insurance may be able to pay for the expenses from a car crash ranging from car repairs to legal fees. Without insurance, you run the risk of having to pay the full cost of any harm you cause others or to repair or replace your car if it is damaged or stolen. Liability: Liability pays for the expenses you are responsible for in a car collision, including property damage and injury. 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, this type of insurance will pay for your legal fees. Recommended, more comprehensive levels of insurance can be purchased that take care of more events than the lower, state-mandated varieties. Personal Injury Protection: This is mandated in some states and is optional in others. It pays you or your passengers for medical treatment resulting from a crash, regardless of who may have been at fault, and is often called no-fault coverage. This insurance can also cover lost wages, service replacement and funeral expenses. State law usually sets minimum amounts. Medical Payments: This coverage is available in non-no-fault states; it will pay regardless of who carries responsibility for a crash. If you purchase this type of coverage, you will receive coverage for all types of medical or funeral expenses. Collision: Damages that occur from a collision will be covered under this kind of car insurance. Comprehensive: Cover your car from all non-collision damages when you buy this type of coverage. This may include protection from burglary, vandalism, and fire or flood damage. Uninsured Motorist: If you are in an accident with an uninsured driver or a hit-and-run driver, this type of insurance will make sure you are covered. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance protects you against people driving without sufficient insurance protection. Other types of coverage, such as emergency road service, are also available. State Farm Agent Clermont