Purchasing Insurance About More Than Money

You will see more drivers on the road every year. With so many vehicles on the road, accidents can happen. The difference between a little bother and major pain can be your insurance. But why is insurance necessary and just how much should you buy? Insurance requirements will differ by state/province, but typically include the following: Liability: Pays for expenses due to bodily injury and damage to property when you are responsible. It can also cover your legal fees if you are sued. Local laws typically mandate minimum amounts of liability insurance, but higher amounts can be purchased and are extremely helpful. Personal Injury Protection: This 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. This insurance may also pay for lost wages, service replacement and funeral costs. The minimum amount of this insurance is typically set by the state. Medical Payments: Medical payment coverage is available in states that are not considered no-fault; it will pay regardless of who carries responsibility for a collision. If this policy has been bought, the insured person will receive payment for necessary medical and funeral costs. Collision: Damages that occur from a car accident will be covered under this type of car insurance. Comprehensive: This applies if your vehicle is stolen or damaged by causes other than a wreck, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Thousands of drivers are ignoring the law by driving a car without purchasing the right amount of car insurance. This type of coverage will cover you if you are in a collision with one of these drivers. Under-Insured Motorist: This pays for damages when a driver with insurance is in a crash caused by a driver who does not have enough liability insurance to pay for the full cost of the damages. Emergency road service, car rental, and other varieties of car insurance can also be purchased. State Farm Agent Clermont