Insurance and What It Means To You

There are more cars on the road every year. As this number increases, the possibility of accidents also increases. Automobile insurance can make the difference between a minor setback and a major hassle. So how can you find out what type of car insurance you need and the quantity you should buy? Insurance requirements vary by state/province, but usually include the following: Liability: Pays for the expenses you have caused to others in a car accident, including property damage and injury. Damages from bodily injury include medical fees, lost wages, and pain and suffering. Property damage can refer to damaged property or loss of use of property. It can also cover your legal fees if you are sued. Recommended, more comprehensive levels of insurance are available that take care of more events than the stripped-down, state-mandated varieties. Personal Injury Protection: Personal injury insurance is mandated 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 law usually sets minimum amounts. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. If you buy this type of coverage, you will receive payment for necessary medical or funeral costs. Collision: This pays for damage to your car caused by an accident. Comprehensive: This kind of insurance protection covers all damages not caused by a collision. This may include fire damage, vandalism, and robbery. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: This pays for collision expenses when an insured person is in an accident caused by a driver who does not have the right amount of insurance to pay for the total cost of the damages. Other types of car insurance, like emergency road service and car rental, are also available. Your car insurance payments varies based on the company and will depend on several factors, such as: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, gender and marital status * Where you live Many people think of car insurance as a necessary evil, but it can save you from a financial crisis. Evaluate your needs, do your research , and with the help of your insurance agent, choose the option that best suits you. State Farm Agent Clermont

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