The FarReaching Benefits of Your Homeowners Insurance Coverage

We see more cars on the road each year. As this number goes up, the possibility of accidents also goes up. Car insurance can be the difference between a small setback and a major hassle. So how do you know what type of car insurance you need and how much to purchase? Coverage requirements will differ by state/province, but typically include the following: Liability: Liability pays for expenses due to personal injury and damage to property for which you are responsible. Bodily injury damages can include medical expenses, and lost wages. Property damage includes car repair costs and loss of property use. It also covers your legal fees if you are sued. State laws typically require minimum amounts, but larger amounts are available and very beneficial. 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. It can also cover lost wages, service replacement and funeral costs. The minimum amount of personal injury protection is usually set by local government. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault; it will pay regardless of who may have been at fault. All reasonable medical or funeral expenses will be covered under this insurance policy. Collision: Damages that occur from a car accident will be covered under this type of insurance. Comprehensive: This applies if your car is stolen or damaged by something other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for damages when someone with insurance is injured in an accident caused by a driver who does not have liability insurance or by a hit-and-run driver. Under-Insured Motorist: This 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 cover the total amount of the damages. Emergency road service, car rental, and other varieties of coverage can also be purchased. What you pay for car insurance varies by company and will depend on several factors, including: * Which policies you select * The make and model of the car you own * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Don't wait around to buy car insurance; you should never drive a car without it. Review your needs, do your research , and with the support of your insurance agent, make the decision that fits you best. Insurance Clermont