How Does Automobile Insurance Work?

Each year, more automobiles and drivers travel the highways. As this number increases, the chances of a car wreck will also increase. Automobile insurance can make the difference between a small setback and a large hassle. How can you decide what insurance you need and how to buy it? Coverage requirements will differ by state/province, but typically include the following: Liability: Bodily injury and property damage that you are responsible for will be covered under this type of insurance. Bodily injury damages can include medical fees, lost wages, and pain and suffering. Property damage includes car repair costs or loss of property use. It can also cover your defense and court costs if you are sued. Local laws typically mandate minimum amounts of liability insurance, but larger amounts can be purchased and are usually recommended. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you and your passengers, no matter who was responsible for the accident. It is required in some states and optional in others. Local law typically sets minimum amounts. Medical Payments: This coverage can be purchased in non-no-fault states; it will pay regardless of who may be responsible. It pays for all insured person's reasonable and necessary medical and funeral expenses for bodily injury from a crash. Collision: Pays for damage to your car caused by a collision. Comprehensive: Cover your car from damages from other sources when you buy this type of insurance. This includes protection from burglary, vandalism, and fire or flood damage. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance will protect you. Under-Insured Motorist: Just like uninsured coverage, this type of insurance protects you against drivers without sufficient insurance protection. Other types of coverage, such as car rental, can also be purchased. Your auto insurance payments vary by company and will depend on multiple factors, such as: * Which policies you choose * The make and model of the car you drive * Your driving record * Your age, sex and marital status * The place where you live Many people consider auto insurance to be a necessary evil, but it can rescue your finances. Review your needs, research your options, and with the help of your insurance agent, make the decision that fits you best. Car Insurance Quotes Clermont