Auto Insurance Basics

There are more cars and drivers on the road each year. As this number increases, the chances of a car wreck will also increase. Car insurance can make the difference between a small inconvenience and a major trial. But why do you need insurance and just how much do you need? Insurance requirements vary by state/province, but typically include the following: Liability: It pays for the expenses you are responsible for in a car accident, including injury and property damage. Damages from bodily injury include medical fees, lost wages, and pain and suffering. Property damage includes damaged property and loss of property use. If you are in legal trouble, it also pays your court costs. Recommended, more comprehensive levels of liability insurance can be purchased that cover more than the stripped-down, state-mandated insurance. Personal Injury Protection: Personal injury insurance is required 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. State government 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 an accident. All necessary medical or funeral expenses will be covered under this insurance coverage. Collision: This pays for damage to your vehicle caused by an accident. Comprehensive: Applies if your vehicle is stolen or damaged by causes other than a collision, including weather damage or vandalism. Uninsured Motorist: Many drivers are breaking the law by driving without having the proper amount of car insurance. This insurance will protect you if you are in a collision with one of these drivers. Under-Insured Motorist: This pays for collision expenses when an insured person is in an accident caused by another person who does not have enough liability insurance to cover the total amount of the damages. Other types of coverage, like car rental, are also available. Your car insurance payments varies based on the company and will depend on multiple factors, such as: * Which policies you select * The type of the vehicle you drive * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Many people consider car insurance to be a necessary evil, but it can rescue your finances. Evaluate your needs, do your research , and with the guidance of your insurance agent, choose the option that best suits you. Auto Insurance Quotes Clermont