Your Homeowners Insurance Coverage Always Working For You

We see more cars on the road each year. As this number increases, the possibility of accidents also increases. The difference between a little bother and large pain can be your insurance. But why is insurance required by law and just how much do you need? Mandated coverage varies by state/province but typically includes the following: Liability: Pays for the expenses you are responsible for in a car collision, including injury and property damage. Damages from bodily injury can include medical expenses, lost wages, and pain and suffering. Property damage includes damaged property and loss of property use. It can also cover your legal fees if you are sued. Local laws typically mandate standard amounts of liability insurance, but larger amounts are available and very beneficial. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and other people in your car, no matter who was at fault in the collision. It is commonly called no-fault coverage. This insurance may also pay for lost earnings, service replacement and funeral costs. The minimum amount of this insurance is usually set by local government. Medical Payments: This type of coverage can be purchased in states that are not considered no-fault and will pay no matter who is responsible for the accident. If you buy this type of coverage, you will receive coverage for reasonable medical and funeral costs. Collision: This pays for damage to your vehicle caused by a collision. Comprehensive: This kind of insurance protection takes care of any damages not caused by a collision. This could include hail damage, vandalism, and theft. Uninsured Motorist: This pays for damages when an insured person is injured in a crash caused by another person who does not have liability insurance or by a hit-and-run driver. Under-Insured Motorist: Similar to uninsured coverage, this kind of insurance covers you from people driving without enough insurance protection. Other policies, including car rental and emergency road service, are also available. Golf Cart Insurance Clermont