Financial Security and Your Homeowners Coverage

Every year, more cars travel America's roads. As this number increases, the chances of a car collision will also go up. The difference between a little aggravation and major pain can be automobile insurance. How can you determine what insurance you need and how you can purchase it? Auto insurance protects you by paying for injury or damage you inflict on others while driving your car, damage to your car or personal injury or injury to your passengers from a crash, and specific other situations, such as theft. Deciding to drive without insurance could cause you to repair or replace a stolen or damaged vehicle or pay the cost of any damage for which you might be responsible. Liability: Pays for the expenses you have caused to others in a car accident, including injury and property damage. It can also cover your legal fees if you are sued. Local laws usually mandate minimum amounts, but larger amounts are available and usually recommended. 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 pay for lost earnings, service replacement and funeral costs. The minimum amount of this insurance is typically set by local government. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. This insurance will pay for all insured person's necessary medical or funeral expenses resulting from a crash. Collision: Pays for damage to your car caused by a collision. Comprehensive: This type of insurance covers any damages not caused by a collision. This could include weather damage, vandalism, and theft. Uninsured Motorist: Pays for repair and replacement costs when someone with insurance is injured in a crash caused by a driver who does not have liability coverage. Under-Insured Motorist: Many drivers have liability insurance that might not be able to pay for all the expenses they are responsible for. Under-insured motorist coverage protects you from those drivers. Other types of coverage, like car rental, can also be purchased. Your auto insurance payments varies based on the company and will depend on several factors, including: * What coverage you choose * The make and model of the car you own * Whether or not you have been in an accident * Your age, gender and marital status * Where you live Some people have come to think of auto insurance as a necessary evil, but it can truly rescue you from a financial disaster. Evaluate your needs, do your research , and with the help of your insurance agent, make the decision that best suits you. Car Insurance Groveland