Insurance and What It Means To You

Every year, more drivers travel America's roads. With so many vehicles on the road, accidents can happen. The difference between a little bother and large obstacle can be the car insurance you own. So how can you figure out what insurance you need and how much to buy? Insurance requirements vary by state/province, but usually include the following: Liability: Bodily injury and property damage that you have caused will be covered under this type of insurance. If you are sued, it also pays your defense and court costs. Local laws usually mandate minimum amounts, but higher amounts are available and usually recommended. 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. Local government usually sets minimum amounts. Medical Payments: This coverage can be purchased in non-no-fault states; it pays despite who may be responsible. All necessary medical or funeral expenses will be paid for under this type of policy. Collision: Damages that occur from a car accident will be paid for under this type of car insurance. Comprehensive: Protect your vehicle from all non-collision damages when you buy this type of coverage. This includes protection from robbery, vandalism, and weather damage. Uninsured Motorist: Pays for repair and replacement costs when someone with insurance is injured in a crash caused by another person who does not have insurance. Under-Insured Motorist: There are other drivers who have liability insurance that can't pay for all the expenses they are responsible for. This type of insurance covers you in accidents involving those drivers. Other kinds of coverage, like emergency road service and car rental, are also available. Your car insurance payments vary by company and will depend on multiple factors, including: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * The place where you live Many people think of car insurance as a necessary evil, but it can save you from a financial crisis. Review your needs, research your options, and with the support of your insurance agency, make the decision that best suits you. State Farm Clermont