Insurance and What It Means To You
Every year, more cars and drivers travel the roads. With so many vehicles on the road, accidents will happen. The difference between a small bother and large obstacle can be the car insurance you own. But why is insurance important and just how much should you get? Your insurance may be able to pay for car crash expenses ranging from hospital bills to replacement costs. Every state and province requires auto insurance by law. Without insurance, you run the risk of having to pay the total cost of the harm you cause others. Liability: This kind of insurance will pay for the damage that you are responsible for. These damages may include bodily injury, and property damage. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage can refer to damaged property and loss of use of property. It can also cover your defense and court costs if you are sued. Local laws typically mandate minimum amounts, but higher amounts are available and usually recommended. 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 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 carries responsibility for a crash. If this type of coverage is purchased, the insured person will receive payment for reasonable medical or funeral expenses. Collision: Damages resulting from a collision will be paid for under this kind of insurance. Comprehensive: This kind of insurance protection takes care of all damages not caused by a collision. This could include weather damage, vandalism, and theft. Uninsured Motorist: This pays for repair and replacement costs when an insured person is injured in an accident caused by a driver who does not have liability insurance or by a hit-and-run driver. Under-Insured Motorist: Just like uninsured motorist protection, this kind of insurance protects you against drivers without enough insurance coverage. Emergency road service, car rental, and other types of car insurance can also be purchased. Your car insurance payments varies based on the company and will depend on several factors, such as: * What coverage you choose * The make and model of the vehicle you own * Your driving record * Your age, sex and marital status * Where you live Don't wait around to buy car insurance; you should never be on the road without it. Evaluate your needs, research your options, and with the guidance of your insurance agent, choose the option that best suits you. Insurance Clermont