Purchasing Homeowners Insurance About More Than Money

The amount of cars on the road increases every year. As this number goes up, the possibility of accidents also goes up. If you get in a car wreck, the car insurance you own can make a large difference in what happens next. So how can you figure out which type of insurance you need and how much to buy? Mandated coverage varies by state/province but usually includes the following: Liability: Pays for the expenses you are responsible for in a car accident, including injury and property damage. If you are in legal trouble, it also pays your legal fees. State laws usually mandate minimum amounts, but higher amounts can be purchased and are usually recommended. Personal Injury Protection: Personal injury insurance is mandated in some states and is optional in others. It pays you or your passengers for medical treatment resulting from a crash, regardless of who may have been at fault, and is often called no-fault coverage. It may also pay for lost earnings, service replacement and funeral costs. State government usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault and will pay regardless of who is responsible for an accident. If this type of coverage is purchased, the insured person will receive payment for reasonable medical or funeral costs. Collision: Damages resulting from a car accident will be paid for under this kind of car insurance. Comprehensive: This kind of insurance protection covers all damages not caused by a collision. This may include flood damage, vandalism, and theft. Uninsured Motorist: Too many drivers are breaking the law by driving a car without having the right amount of car insurance. This insurance will protect you if one of these irresponsible drivers hit you. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance protects you against people driving without sufficient insurance protection. Other types of coverage, including car rental and emergency road service, are also available. Insurance Clermont