Auto Insurance Basics

Each year, more cars and drivers travel the highways. As this number goes up, the possibility of accidents also goes up. The difference between a small bother and large pain can be the car insurance you own. How can you decide what insurance you need and how to purchase it? Car accidents can lead to many different expenses, which your car insurance can pay for based on the type of insurance you own. Automobile insurance is required by law in all states and provinces. Without insurance, you risk having to pay the total cost of the harm you cause others or of repairing or replacing your vehicle if it is damaged or stolen. Liability: Personal injury and property damage that you are responsible for will be covered under liability insurance. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage includes car repair costs and loss of use of property. It also covers your legal fees if you are sued. Recommended, higher levels of insurance are available that cover more than the stripped-down, state-mandated insurance. Personal Injury Protection: This type of insurance pays for all medical treatment for you or your passengers, regardless of who was responsible for the accident. It is commonly called no-fault coverage. This insurance may also pay for lost wages, service replacement and funeral costs. Local law typically sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in non-no-fault states; it will pay despite who may have been at fault. All necessary medical or funeral expenses will be covered under this type of coverage. Collision: Damages resulting from a collision will be covered under this kind of car insurance. Comprehensive: Cover your vehicle from damages from other sources by purchasing this type of insurance. This includes protection from burglary, vandalism, and weather damage. Uninsured Motorist: This pays for damages when an insured person is injured in an accident caused by another person who does not have insurance. Under-Insured Motorist: This pays for collision expenses when a driver with insurance is injured in an accident caused by another person who does not have the right amount of insurance to pay for the full amount of the damages. Other kinds of coverage, including emergency road service and car rental, are also available. What you pay for auto insurance varies by company and will depend on multiple factors, including: * Which policies you select * The make and model of the vehicle you drive * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Don't wait around to buy auto insurance; you shouldn't drive a car without it. Review your needs, do your research , and with the help of your insurance agent, choose the option that best suits you. Auto Insurance Clermont