Your Insurance Policy Always Working For You
- 3 5, 2023
- |Auto Insurance
- No Comments
There are more cars on the road each year. With the increasing number of vehicles on the road, crashes are going to happen. The difference between a little aggravation and large pain can be the car insurance you own. So how do you know which type of insurance you need and how much to buy? Mandated coverage varies based on the state/province but typically includes the following: Liability: Liability pays for expenses due to bodily injury and damage to property where you are responsible. Damages from bodily injury include medical expenses, lost wages, and pain and suffering. Property damage includes car repair costs and loss of use of property. 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 are available and extremely helpful. 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. It can also pay for lost earnings, replacement of services and funeral costs. Local government typically sets minimum amounts. Medical Payments: This coverage is available in states that are not considered no-fault; it pays regardless of who may be responsible. All reasonable medical or funeral expenses will be covered under this type of coverage. Collision: Pays for damage to your car caused by a collision. Comprehensive: This kind of insurance takes care of all damages not caused by a collision. This could include fire and wind damage, vandalism, and burglary. Uninsured Motorist: Pays for repair and replacement costs when an insured person is in an accident caused by another person who does not have liability coverage. Under-Insured Motorist: Pays for collision expenses when an insured person is in an accident caused by another person who does not have the right amount of insurance to pay for the full cost of the damages. Emergency road service, car rental, and other types of coverage can also be purchased. Your auto insurance payments vary by company and will depend on multiple factors, such as: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Some have consider auto insurance as a necessary evil, but it is something you will need if you are ever in an accident. Review your needs, research your options, and with the support of your insurance agent, choose the option that best suits you. Auto Insurance Quotes Clermont