Purchasing Insurance It's Not About The Money

The number of drivers on the road increases each and every year. This could lead to a higher possibility of a collision for you and your family. Car insurance can make the difference between a minor inconvenience and a major hassle. But why do you need insurance and exactly how much should you buy? Your insurance may be able to pay for the expenses from a car crash ranging from car repairs to replacement costs. No matter where you are living, you are required to buy some variety of car insurance. Choosing to drive without insurance could cause you to repair or replace a stolen or damaged vehicle and pay the cost of any damage for which you might be responsible. Liability: Bodily injury and property damage that you are responsible for will be paid for under this type of insurance. Damages from bodily injury include medical fees, lost wages, and pain and suffering. Property damage includes car repair costs or loss of use of property. It also covers your legal fees if you are sued. Local laws typically mandate standard amounts of liability insurance, but higher amounts are available and extremely helpful. 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. It may also cover lost wages, service replacement and funeral costs. Local government typically sets minimum amounts. Medical Payments: This type of coverage is available in non-no-fault states and will pay no matter who is responsible for the accident. All reasonable medical or funeral expenses will be covered under this type of policy. Collision: Damages resulting from a collision will be covered under this type of insurance. Comprehensive: This type of insurance protection covers any non-collision damages. This may include flood damage, vandalism, and robbery. Uninsured Motorist: If you are hit by a driver without insurance or a hit-and-run driver, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: Similar to uninsured motorist protection, this type of insurance protects you against people driving without sufficient insurance coverage. Emergency road service, car rental, and other types of coverage can also be purchased. State Farm Clermont