Financial Security and Your Home Insurance Coverage

Every year, more drivers hit our roads and freeways. As this number goes up, the chances of a car collision will also increase. If you get in a car accident, the auto insurance you have can make a large difference in what happens next. So how do you know which type of insurance you need and how much to buy? Mandated coverage varies by state/province but typically includes the following: Liability: It pays for damages due to personal injury and property damage to others for which you are responsible. Damages from bodily injury include medical expenses, lost wages, and pain and suffering. Property damage includes car repair costs or loss of property use. If you are sued, liability insurance will pay for your legal fees. Local laws typically require standard amounts of liability insurance, but higher amounts can be purchased and are extremely helpful. Personal Injury Protection: This is mandated 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. Local law typically sets minimum amounts. Medical Payments: Medical payment coverage is available in states that are not considered no-fault; it will pay regardless of who may have been at fault. This insurance will pay for all insured person's reasonable medical or funeral expenses resulting from an accident. Collision: Pays for damages to your vehicle caused by a collision. Comprehensive: This applies if your vehicle is stolen or damaged by something other than a collision, including weather damage or vandalism. Uninsured Motorist: If you are in an accident with an uninsured driver, this type of insurance coverage will protect you. Under-Insured Motorist: There are other drivers who have liability insurance that can't cover all the expenses they are supposed to take care of. This type of insurance protects you from those drivers. Other types of coverage, such as car rental and emergency road service, are also available. Car Insurance Quotes Clermont