Buying Home Insurance About More Than Money

You will see more drivers on the road each year. As this number increases, the possibility of accidents also increases. If you get in a car crash, the auto insurance you own can make a big difference in how much you have to pay. But why do you need insurance and just how much should you buy? Insurance requirements vary by state/province, but usually include the following: Liability: This type of insurance will pay for the damage that you have caused. These damages can include personal injury, and property damage. Bodily injury damages can include medical expenses, and lost wages. Property damage can refer to damaged property or loss of property use. If you are in legal trouble, liability insurance can pay for your legal fees. Recommended, higher levels of insurance can be purchased that cover more than the lower, state-mandated varieties. Personal Injury Protection: Personal injury insurance is required 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. The minimum amount of personal injury protection is typically set by local government. 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 bought, the insured person will receive payment for necessary medical and funeral expenses. Collision: Pays for damages to your vehicle caused by an accident. Comprehensive: Applies if your vehicle is stolen or damaged by something other than a wreck, including fire, wind, hail, flood or vandalism. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance will protect you. Under-Insured Motorist: Many drivers have liability insurance that can't pay for all the expenses they are responsible for. This type of insurance protects you from those drivers. Other kinds of car insurance, including emergency road service and car rental, can also be purchased. Insurance Clermont