Extensive Insurance Coverage
- 3 28, 2022
- |Insurance Brokers
- No Comments
There are more cars on the road every year. As this number increases, the possibility of accidents also increases. Automobile insurance can make the difference between a minor inconvenience and a large hassle. How can you decide what insurance you require and how to purchase it? Auto insurance protects you by covering the cost of damage or injury you cause others while you are driving, damage to your car or injury to you or your passengers from a crash, and certain other incidents, such as theft. Your state or province definitely requires some type of car insurance. Deciding to drive without insurance could cause you to repair or replace a stolen or damaged vehicle or pay the cost of all the damage for which you might be responsible. Liability: Personal injury and property damage that you are responsible for will be covered under liability insurance. Bodily injury damages can include medical fees, lost wages, and pain and suffering. Property damage includes damaged property and loss of property use. If you are sued, it also pays your court costs. State laws typically mandate standard amounts of liability insurance, but larger amounts are available and usually recommended. Personal Injury Protection: This is mandated in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. State law typically sets minimum amounts. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay regardless of who is responsible for an accident. If this type of coverage has been purchased, the insured person will receive payment for reasonable medical or funeral costs. Collision: Damages resulting from a car accident will be covered under this type of car insurance. Comprehensive: Applies if your car is stolen or damaged by causes other than a wreck, including fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for repair and replacement costs when someone with insurance is in a crash caused by another person who does not have insurance. Under-Insured Motorist: This pays for collision expenses when a driver with insurance is in a crash caused by another person who does not have enough liability insurance to pay for the full cost of the damages. Other kinds of coverage, like car rental, can also be purchased. State Farm Clermont