Financial Security and Your Homeowners Coverage
There are more cars hitting the road each year. With the increasing number of vehicles on the road, accidents can happen. If you get in a car wreck, the auto insurance you have can make a large difference in the experience you have. But why is insurance required by law and just how much do you need? Mandated coverage varies based on the state/province but usually includes the following: Liability: Pays for the expenses you are responsible for in a car accident, including injury and property damage. It can also cover your legal fees if you are sued. Recommended, more comprehensive levels of liability insurance can be purchased that cover more events than the stripped-down, state-mandated varieties. Personal Injury Protection: This 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. The minimum amount of personal injury protection is usually set by the state. Medical Payments: This coverage can be purchased in states that are not considered no-fault; it pays despite who may have been at fault. This insurance will pay for an insured person's reasonable medical and funeral expenses for bodily injury from a crash. Collision: Damages resulting from a collision will be covered under this kind of insurance. Comprehensive: Applies if your car is stolen or damaged by something other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Too many drivers are breaking the law by driving a car without purchasing the proper amount of auto insurance. This insurance will cover you if one of these drivers hit you. Under-Insured Motorist: Pays for damages when an insured person is injured in an accident caused by a driver who does not have enough liability insurance to pay for the total amount of the damages. Other types of coverage, like emergency road service, are also available. Your auto insurance payments varies based on the company and will depend on multiple factors, such as: *Your selected coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Don't wait around to buy auto insurance; you should never drive a car without it. Review your needs, do your research , and with the support of your insurance agent, choose the option that best suits you. State Farm Agent Clermont