Financial Security and Your Insurance Coverage

There are more drivers hitting the road every year. This can lead to a higher possibility of a car accident. If you get in a car wreck, the car insurance you own can make a big difference in how much you have to pay. So how can you find out what type of car insurance you need and how much to buy? Your car insurance may be able to pay for car crash expenses ranging from hospital bills to legal fees. Every state or province requires car insurance by law. Choosing to drive without owning insurance could cause you to repair or replace a stolen or damaged vehicle and pay the cost of all the damage for which you might be responsible. Liability: Bodily injury and property damage that you are responsible for will be paid for under liability insurance. It can also cover your defense and court costs if you are sued. Recommended, higher levels of liability insurance are available that cover more than the lower, state-mandated insurance. Personal Injury Protection: Personal injury insurance is required 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. It may also pay for lost earnings, service replacement and funeral expenses. The minimum amount of personal injury protection is usually set by local government. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay regardless of who is responsible for an accident. If this type of coverage has been purchased, the insured person will receive coverage for necessary medical and funeral expenses. Collision: Damages resulting from a car accident will be covered under this kind of car insurance. Comprehensive: Protect your vehicle from all non-collision damages by purchasing this type of coverage. This may include protection from theft, vandalism, and weather damage. Uninsured Motorist: If you are hit by an uninsured driver or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: Just like uninsured motorist protection, this kind of insurance covers you from drivers without sufficient insurance coverage. Emergency road service, car rental, and other varieties of car insurance can also be purchased. State Farm Clermont