Insurance and You

There are more cars hitting the road every year. As this number increases, the chances of a car accident will also increase. If you get in a car accident, the auto insurance you have can make a big difference in how much you have to pay. How can you determine what type of insurance you need and where you should go to buy it? Your car insurance may be able to pay for car crash expenses ranging from car repairs to legal fees. By not owning insurance, you run the risk of having to pay the total price of the harm you cause others. Liability: It pays for the expenses you have caused to others in a car accident, including injury and property damage. It can also cover your legal fees if you are sued. Recommended, higher levels of insurance can be purchased that take care of more events than the lower, state-mandated insurance. 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. It may also pay for lost earnings, service replacement and funeral expenses. Local government usually sets minimum amounts. Medical Payments: Medical payment coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. It pays for all insured person's reasonable medical and funeral expenses for bodily injury from an accident. Collision: Pays for damage to your car caused by a collision. Comprehensive: This applies if your car is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Pays for repair and replacement costs when someone with insurance 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 motorist protection, this type of insurance protects you against drivers without sufficient insurance coverage. Other types of coverage, like car rental and emergency road service, are also available. Auto Insurance Clermont