Buying Home Insurance About More Than Money

Each year, more cars and drivers are on the highways. As this number increases, the chances of a car accident will also increase. If you get in a car accident, the auto insurance you have can make a large difference in the experience you have. So how do you know what type of car insurance you need and the quantity you should buy? Mandated coverage varies by state/province but usually includes the following: Liability: Bodily injury and property damage that you have caused will be paid for under liability insurance. Damages from bodily injury can include medical expenses, 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 usually require minimum amounts, but higher amounts can be purchased and are usually recommended. Personal Injury Protection: Personal injury insurance 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 usually set by the state. Medical Payments: Medical payment coverage is available in states that are not considered no-fault; it pays despite who may be responsible. It pays for an insured person's reasonable and necessary medical and funeral expenses for bodily injury from an accident. Collision: Damages that occur from a car accident will be covered under this type of car insurance. Comprehensive: This type of insurance protection takes care of all damages not caused by a collision. This could include fire damage, vandalism, and burglary. Uninsured Motorist: Pays for repair and replacement costs when an insured person is injured in an accident caused by a driver who does not have insurance. Under-Insured Motorist: Pays for collision expenses when an insured person is injured in an accident caused by a driver who does not have the right amount of insurance to pay for the full cost of the damages. Other types of coverage, like car rental and emergency road service, are also available. State Farm Clermont