Insurance and What It Means To You

The amount of cars and drivers on the road increases every year. As this number goes up, the possibility of accidents also goes up. The difference between a small aggravation and major obstacle can be the car insurance you have purchased. But why do you need insurance and just how much should you buy? Required coverage varies by state/province but typically includes the following: Liability: This kind of insurance coverage will pay for the damage that you have caused. These damages may include personal injury, and property damage. It also covers your legal fees if you are sued. Local laws typically mandate minimum amounts, but higher amounts can be purchased and are extremely helpful. 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. The minimum amount of this insurance is usually set by the state. Medical Payments: This type of coverage can be purchased in states that are not considered no-fault and will pay regardless of who is responsible for an accident. It pays for an insured person's reasonable and necessary medical and funeral expenses for bodily injury from an accident. Collision: Damages resulting from a car accident will be paid for under this kind of car insurance. Comprehensive: This kind of insurance protection covers all damages not caused by a collision. This may include fire and wind damage, vandalism, and theft. Uninsured Motorist: Pays for damages when someone with insurance is injured in a crash caused by a driver who does not have liability coverage. Under-Insured Motorist: Pays for collision expenses when a driver with insurance is injured in a crash caused by a driver who does not have the right amount of insurance to cover the total amount of the damages. Emergency road service, car rental, and other varieties of coverage can also be purchased. Your car insurance payments vary by company and will depend on several factors, such as: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Don't wait around to buy car insurance; you should never be on the road without it. Review your needs, research your options, and with the help of your insurance agent, make the decision that best suits you. State Farm Agent Clermont