Insurance and You

You will see more and more cars on the road every year. As this number increases, the possibility of accidents also increases. If you get in a car crash, the car insurance you have can make a big difference in the experience you have. How can you determine what type of insurance you require and how to buy it? Insurance requirements vary by state/province, but usually include the following: Liability: Personal injury and property damage that you have caused will be paid for under this type of insurance. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of property use. If you are in legal trouble, this type of insurance will pay for your legal fees. State laws usually mandate standard amounts, but larger amounts can be purchased and are very beneficial. Personal Injury Protection: Personal injury insurance is required 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. This insurance may also pay for lost wages, service replacement and funeral costs. The minimum amount of personal injury protection is typically set by local government. Medical Payments: Medical payment coverage is available in non-no-fault states; it will pay regardless of who may have been at fault. If you purchase this type of coverage, you will receive payment for all types of medical or funeral costs. Collision: This pays for damage to your vehicle caused by an accident. Comprehensive: This type of insurance takes care of any non-collision damages. This could include weather damage, vandalism, and robbery. Uninsured Motorist: This pays for repair and replacement costs when an insured person is injured in an accident caused by a driver who does not have insurance. Under-Insured Motorist: This pays for collision expenses when an insured person is injured in an accident caused by a driver who does not have the right amount of insurance to pay for the total cost of the damages. Other types of coverage, such as emergency road service, are also available. Insurance Clermont