Automobile Insurance and You

Each year, more cars and drivers travel our roads and freeways. This can lead to a higher possibility of a car accident for you and your family. Automobile insurance can be the difference between a minor inconvenience and a major trial. But why do you need to own insurance and just how much should you buy? Mandated coverage varies by state/province but usually includes the following: Liability: This kind of insurance coverage will pay for the damage that you are responsible for. These damages can include personal injury, and property damage. If you are in legal trouble, it also pays your legal fees. Local laws usually mandate minimum amounts of liability insurance, but higher amounts are available and extremely helpful. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you or other people in your car, regardless of who was at fault in the accident. It is required in some states and optional in others. This insurance can also cover lost wages, service replacement and funeral costs. Local law usually sets minimum amounts. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. It pays for an insured person's reasonable and necessary medical or funeral expenses resulting from a crash. Collision: Pays for damages to your vehicle caused by a collision. Comprehensive: Cover your vehicle from all non-collision damages by purchasing this type of insurance. This includes protection from theft, vandalism, and fire or flood damage. Uninsured Motorist: Pays for repair and replacement costs when someone with insurance is injured in a crash caused by another person who does not have insurance. Under-Insured Motorist: Many drivers have liability insurance that can't cover all the expenses they are supposed to take care of. Under-insured motorist coverage protects you in accidents involving those drivers. Emergency road service, car rental, and other types of coverage can also be purchased. What you pay for auto insurance varies by company and will depend on multiple factors, such as: *Your desired coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * Where you live Some have consider auto insurance as a necessary evil, but it can truly rescue you from a financial disaster. Review your needs, do your research , and with the guidance of your insurance agency, choose the option that fits you best. Car Insurance Quotes Clermont