Automobile Insurance Basics

There are more drivers on the road each year. As this number increases, the possibility of accidents also increases. If you get in a car wreck, the car insurance you own can make a large difference in how much you have to pay. So how do you know what insurance you need and the quantity you should purchase? Auto insurance protects you by covering the cost of damage caused to your car or someone else's car and injury to others, yourself, or passengers in your car, and certain other situations, such as theft. By not purchasing insurance, you run the risk of having to pay the full price of the harm or injury you cause others or to repair or replace your car if it is damaged or stolen. Liability: It pays for expenses due to bodily injury and property damage to others where you are responsible. Damages from bodily injury include medical expenses, lost wages, and pain and suffering. Property damage includes damaged property and loss of use of property. If you are sued, it also pays your legal fees. State laws usually mandate minimum amounts, but higher amounts are available and very beneficial. 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 personal injury protection is typically set by local government. Medical Payments: This type of coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. If this policy has been bought, the insured person will receive payment for all types of medical or funeral expenses. Collision: Damages that occur from a car accident will be paid for under this kind of insurance. Comprehensive: This kind of insurance protection covers all damages not caused by a collision. This may include fire damage, vandalism, and theft. 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: Many drivers have liability insurance that can't cover all the expenses they are responsible for. Under-insured motorist coverage covers you from those drivers. Other policies, including emergency road service, are also available. What you pay for auto insurance varies based on the company and will depend on multiple factors, including: * What coverage you select * The make and model of the car you own * Whether or not you have been in an accident * Your age, sex and marital status * The place where you live Some drivers don't want to pay for car insurance, but it is truly something you don't want to live without. Review your needs, do your research , and with the support of your insurance agent, choose the option that fits you best. Auto Insurance Clermont