Buying Home Insurance About More Than Money

The amount of cars and drivers on the road increases every year. With the increasing number of vehicles on the road, accidents will happen. The difference between a small bother and major obstacle can be your car insurance. But why do you need to own insurance and exactly how much should you purchase? Mandated coverage varies by state/province but usually includes the following: Liability: Pays for the expenses you have caused to others in a car collision, including injury and property damage. Bodily injury damages can include medical fees, lost wages, and pain and suffering. Property damage includes damaged property or loss of use of property. If you are in legal trouble, it also pays your legal fees. Local laws usually require minimum amounts of liability insurance, but larger amounts are available and usually recommended. Personal Injury Protection: Personal injury protection pays for the medical treatment for you or your passengers, regardless of who was at fault in the crash. It is sometimes called no-fault coverage. Local government usually sets minimum amounts. Medical Payments: This type of coverage is available in states that are not considered no-fault and will pay no matter who is responsible for the accident. It pays for all insured person's reasonable and necessary medical or funeral expenses resulting from a crash. Collision: Damages resulting from a collision will be covered under this kind of car insurance. Comprehensive: This kind of insurance protection covers any damages not caused by a collision. This may include flood damage, vandalism, and robbery. Uninsured Motorist: If you are hit by an uninsured driver or a hit-and-run driver, this type of insurance will protect you. Under-Insured Motorist: Pays for damages when an insured person is in an accident caused by a driver who does not have enough liability insurance to cover the total cost of the damages. Other types of coverage, such as car rental, are also available. Auto Insurance Clermont