Comprehensive Homeowners Insurance Policies
- 3 31, 2019
- |Auto Insurance
- No Comments
The number of cars on the road increases each and every year. As this number increases, the possibility of accidents also increases. If you get in a car accident, the auto insurance you own can make a large difference in how much you have to pay. But why do you need insurance and just how much should you buy? Car crashes can lead to many different expenses, which can all be paid for based on the type of coverage you own. Your state or province certainly requires some type of auto insurance. By not purchasing insurance, you run the risk of having to pay the total price of the harm or injury you cause others. Liability: Liability pays for expenses due to bodily injury and property damage to others for which you are responsible. It also covers your legal fees if you are sued. State laws typically require minimum amounts, but higher amounts can be purchased and are very beneficial. Personal Injury Protection: This type of insurance pays for all medical treatment for you and your passengers, no matter who was responsible for the crash. It is required 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; it will pay despite who carries responsibility for a crash. If you buy this type of coverage, you will receive coverage for all types of medical and funeral costs. Collision: Damages that occur from a collision will be paid for under this type of car insurance. Comprehensive: This applies if your vehicle is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for damages when someone with insurance is in an accident caused by a driver who does not have insurance. Under-Insured Motorist: Just like uninsured motorist protection, this type of insurance covers you from drivers without enough insurance protection. Other kinds of car insurance, such as emergency road service and car rental, are also available. Your auto insurance payments varies based on the company and will depend on several factors, including: * What coverage you choose * The make and model of the vehicle you drive * Your driving record * Your age, sex and marital status * The place where you live Some have consider auto insurance as a necessary evil, but it can truly save you from a financial disaster. Evaluate your needs, do your research , and with the guidance of your insurance agency, choose the option that best suits you. Auto Insurance Clermont