Different Auto Insurance Policies
- 1 14, 2023
- |Other Insurance
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We see more cars on the road each year. With the increasing number of vehicles on the road, accidents can happen. Automobile insurance can make the difference between a minor setback and a major hassle. How can you decide what insurance you need and where you should go to buy it? Your car insurance may be able to pay for the expenses from a car crash ranging from car repairs to legal fees. Car insurance is required by law in all states and provinces. By not purchasing insurance, you risk having to pay the full price of any harm or injury you cause others or of repairing or replacing your vehicle if it is damaged or stolen. Liability: It pays for the expenses you are responsible for in a car collision, including property damage and injury. If you are sued, this type of insurance can pay for your legal fees. Local laws typically mandate minimum amounts of liability insurance, but higher amounts can be purchased and are usually recommended. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and your passengers, no matter who was responsible for the collision. It is required in some states and optional in others. The minimum amount of this insurance is usually set by local government. Medical Payments: Medical payment coverage is available in non-no-fault states and will pay no matter who is responsible for the accident. If you purchase this type of coverage, you will receive coverage for reasonable medical and funeral expenses. Collision: Pays for damage to your vehicle caused by an accident. Comprehensive: Applies if your vehicle is stolen or damaged by something other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Too many drivers are breaking the law by driving without owning the right amount of insurance. This insurance will cover you if one of these irresponsible drivers hit you. Under-Insured Motorist: Many drivers have liability insurance that might not be able to cover all the expenses they are responsible for. Under-insured motorist coverage protects you from those drivers. Other types of coverage, such as emergency road service, can also be purchased. What you pay for auto insurance varies by company and will depend on several factors, including: * What coverage you choose * The type of the vehicle you own * Your driving record * Your age, sex and marital status * The place where you live Some drivers think they can get by without car insurance, but it is honestly something you don't want to live without. Evaluate your needs, do your research , and with the support of your insurance agent, make the decision that best suits you. Golf Cart Insurance Clermont