Insurance and What It Means To You

There are more cars hitting the road every year. This can lead to a higher possibility of a car accident for you and your family. If you get in a car accident, the auto insurance you own can make a big difference in how much you have to pay. So how can you figure out which type of insurance you need and how much you should buy? Auto insurance protects you by covering the cost of damage or injury you inflict on others while driving your car, damage to your car or personal injury or injury to your passengers from a crash, and certain other occurrences, such as burglary. Your state or province definitely mandates some type of auto insurance. By not purchasing insurance, you risk having to pay the full price of any harm or injury you cause others or of repairing or replacing your car if it is damaged or stolen. Liability: Liability pays for expenses due to bodily injury and property damage to others that you have caused. Bodily injury damages can include medical expenses, and lost wages. Property damage can refer to damaged property and loss of property use. It can also cover your defense and court costs if you are sued. Local laws usually mandate standard amounts, but larger amounts are available and usually recommended. Personal Injury Protection: This is required in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. The minimum amount of personal injury protection is typically set by local government. Medical Payments: This type of coverage can be purchased in states that are not considered no-fault and will pay no matter who is responsible for the accident. It pays for all insured person's reasonable and necessary medical or funeral expenses for bodily injury from a crash. Collision: Damages resulting from a car accident will be paid for under this type of insurance. Comprehensive: This type of insurance covers all non-collision damages. This may include fire damage, vandalism, and burglary. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance will make sure you are covered. Under-Insured Motorist: This pays for collision expenses when an insured person is injured in a crash caused by another person who does not have the right amount of insurance to cover the full amount of the damages. Other kinds of car insurance, including emergency road service, are also available. Your car insurance payments vary by company and will depend on multiple factors, including: *Your desired coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * The place where you live Don't procrastinate buying auto insurance; you should never drive a car without it. Evaluate your needs, do your research , and with the help of your insurance agency, choose the option that fits you best. State Farm Clermont

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