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Financial Security and Your Home Insurance Coverage

There are more drivers on the road every year. As this number increases, the chances of a car collision will also go up. The difference between a little aggravation and large obstacle can be car insurance. How can you decide what insurance you need and where you should go to buy it? Coverage requirements vary by state/province, but typically include the following: Liability: Personal injury and property damage that you are responsible for will be paid for under liability insurance. If you are in legal trouble, liability insurance will pay for your legal fees. State laws typically mandate standard amounts of liability insurance, but larger amounts are available and extremely helpful. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you or other people in your car, regardless of who was responsible for the crash. It is mandated in some states and optional in others. State government typically sets minimum amounts. Medical Payments: Medical payment coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. All reasonable medical or funeral expenses will be covered under this type of coverage. Collision: Pays for damages to your vehicle caused by a collision. Comprehensive: Applies if your vehicle is stolen or damaged by causes other than an accident, including weather damage or vandalism. Uninsured Motorist: Many drivers are ignoring the law by driving without owning the proper amount of insurance. This insurance will protect you if you are in an accident with one of these irresponsible drivers. Under-Insured Motorist: Pays for collision expenses when an insured person is injured in an accident caused by a driver who does not have the right amount of insurance to pay for the full cost of the damages. Other types of coverage, including car rental, are also available. Insurance Clermont