Financial Security and Your Home Insurance Policy

There are more cars hitting the road each year. With so many vehicles on the road, accidents will happen. Car insurance can be the difference between a small setback and a major hassle. How can you decide what type of insurance you require and how to buy it? Car accidents can result in many different expenses, which can all be paid for based on the type of insurance you own. Choosing to drive without owning insurance could mean you have to repair or replace a stolen or damaged vehicle or pay the cost of all the damage for which you might be responsible. Liability: Pays for the expenses you are responsible for in a car accident, including injury and property damage. Bodily injury damages can include medical expenses, and lost wages. Property damage includes car repair costs and loss of property use. If you are sued, liability insurance can pay for your legal fees. Recommended, more comprehensive levels of insurance are available that cover more than the lower, state-mandated insurance. 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. This insurance may also cover lost earnings, service replacement and funeral expenses. The minimum amount of this insurance is typically set by local government. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. If you purchase this type of coverage, you will receive payment for necessary medical or funeral expenses. Collision: Damages resulting from a collision will be covered under this kind of insurance. Comprehensive: Cover your vehicle from all non-collision damages when you buy this type of insurance. This can include protection from theft, vandalism, and weather damage. Uninsured Motorist: Thousands of drivers are ignoring the law by driving without purchasing the right amount of insurance. This type of coverage will protect you if one of these irresponsible drivers hit you. Under-Insured Motorist: This pays for damages when an insured person is in an accident caused by a driver who does not have enough liability insurance to cover the full amount of the damages. Other types of car insurance, like car rental, can also be purchased. Your car insurance payments varies based on the company and will depend on multiple factors, such as: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Many people think of car insurance as a necessary evil, but it can rescue your finances. Review your needs, do your research , and with the support of your insurance agent, choose the option that fits you best. Car Insurance Quotes Clermont