Financial Security and Your Homeowners Coverage

There are more drivers on the road each year. This can lead to an increased likelihood of a collision. The difference between a little aggravation and major pain can be your insurance. But why do you need insurance and just how much do you need? Car insurance protects you by paying for injury or damage you inflict on others while driving your car, damage to your vehicle or personal injury or injury to your passengers from an accidents, and certain other occurrences, such as robbery. Your state or province definitely requires some type of auto insurance. Without insurance, you run the risk of having to pay the full price of any harm you cause others. Liability: Pays for the expenses you have caused to others in a car accident, including injury and property damage. If you are in legal trouble, liability insurance can pay for your defense and court costs. Recommended, more comprehensive levels of insurance are available that cover more events than the lower, state-mandated insurance. Personal Injury Protection: Personal injury insurance 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. The minimum amount of personal injury protection is typically set by the state. Medical Payments: Medical payment coverage is available in non-no-fault states; it pays regardless of who may have been at fault. If you buy this type of coverage, you will receive coverage for necessary medical or funeral costs. Collision: This 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 wreck, including weather damage or vandalism. Uninsured Motorist: This pays for damages when someone with insurance is injured in a crash caused by another person who does not have insurance. Under-Insured Motorist: This pays for collision expenses when an insured person is injured in a crash caused by another person who does not have enough liability insurance to cover the full cost of the damages. Emergency road service, car rental, and other varieties of car insurance can also be purchased. What you pay for auto insurance varies based on the company and will depend on several factors, including: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * The place where you live Don't procrastinate buying auto insurance; you shouldn't be on the road without it. Review your needs, do your research , and with the help of your insurance agent, choose the option that fits you best. Car Insurance Groveland