Buying Homeowners Insurance About More Than Money

There are more cars and drivers on the road each year. This could lead to an increased likelihood of a collision for you and your family. If you get in a car crash, the auto insurance you have can make a big difference in what happens next. But why do you need insurance and exactly how much should you purchase? Mandated coverage varies based on the state/province but typically includes the following: Liability: Pays for the expenses you are responsible for in a car collision, including injury and property damage. Damages from bodily injury include medical fees, and lost wages. Property damage includes damaged property or loss of property use. If you are sued, liability insurance can pay for your defense and court costs. Local laws typically require standard amounts of liability insurance, but higher amounts can be purchased and are very beneficial. Personal Injury Protection: Personal injury insurance 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. Local law typically sets minimum amounts. 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 payment for all types of medical and funeral expenses. Collision: Damages that occur from a collision will be paid for under this kind of insurance. Comprehensive: Protect your car from damages from other sources by purchasing this type of insurance. This may include protection from theft, vandalism, and weather damage. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance will make sure you are covered. 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 covers you in accidents involving those drivers. Other types of coverage, such as car rental and emergency road service, are also available. Your auto insurance payments varies based on the company and will depend on multiple factors, such as: * Which policies you select * The type of the car you own * Your driving record * Your age, sex and marital status * Where you live Some people 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 guidance of your insurance agency, make the decision that fits you best. Car Insurance Groveland