Index U

Insurance and What It Means To You

You will see more and more cars on the road every year. As this number goes up, the chances of a car wreck will also increase. The difference between a little bother and major pain can be the car insurance you have purchased. But why is insurance important and just how much should you buy? Car crashes can result in a variety of different expenses, which can all be paid for based on the insurance policy you have purchased. Your state or province definitely requires some type of auto insurance. Choosing to drive without insurance could cause you to repair or replace a stolen or damaged vehicle or pay the cost of all the damage that you may have caused. Liability: Personal injury and property damage that you have caused will be paid for under this type of insurance. If you are in legal trouble, this type of insurance can pay for your defense and court costs. Recommended, higher levels of liability insurance can be purchased that take care of more than the stripped-down, state-mandated varieties. 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. This insurance can also pay for lost wages, replacement of services and funeral expenses. State law typically sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in non-no-fault states and will pay no matter who is responsible for the accident. If you purchase this type of coverage, you will receive payment for reasonable medical or funeral expenses. Collision: Damages that occur from a car accident will be paid for under this type of insurance. Comprehensive: Protect your car from damages from other sources by purchasing this type of coverage. This can include protection from theft, vandalism, and fire or flood damage. Uninsured Motorist: Too many drivers are breaking the law by driving a car without purchasing the right amount of insurance. This type of coverage will protect you if you are in a collision with one of these drivers. Under-Insured Motorist: There are other drivers who have liability insurance that might not be able to pay for all the expenses they are responsible for. Under-insured motorist coverage protects you from those drivers. Other types of coverage, like emergency road service, are also available. Your car insurance payments vary by company and will depend on multiple factors, such as: * What coverage you choose * The type of the car you drive * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Many people consider car insurance to be a necessary evil, but it can save you from a financial crisis. Evaluate your needs, research your options, and with the help of your insurance agent, make the decision that fits you best. Auto Insurance Quotes Clermont

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