The WideRanging Benefits of Your Insurance Policy
We see more and more drivers on the road every year. As this number increases, the possibility of accidents also increases. Automobile insurance can be the difference between a minor setback and a major trial. But why is insurance important and just how much do you need? Coverage requirements vary by state/province, but typically include the following: Liability: This type of insurance coverage can pay for the damage that you are responsible for. These damages may include personal injury, and property damage. Damages from bodily injury can include medical expenses, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of property use. It also covers your defense and court costs if you are sued.
Recommended, more comprehensive levels of liability insurance can be purchased that cover more events than the lower, state-mandated insurance. 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. The minimum amount of personal injury protection is usually set by local government. Medical Payments: Medical payment coverage is available in states that are not considered no-fault; it pays despite who may have been at fault. If you buy this type of coverage, you will receive payment for necessary medical and funeral costs. Collision: This pays for damage to your vehicle caused by an accident. Comprehensive: Applies if your vehicle is stolen or damaged by something other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Thousands of drivers are breaking the law by driving a car without having the proper amount of insurance. This insurance will protect you if you are in an accident with one of these irresponsible drivers. Under-Insured Motorist: Just like uninsured motorist protection, this type of insurance covers you from drivers without enough insurance coverage.
Other types of coverage, such as 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 make and model of the vehicle you drive * Your driving record * Your age, gender and marital status * Where you live Some people think they can get by without auto insurance, but it is truly something you don't want to live without. Review your needs, research your options, and with the help of your insurance agency, choose the option that fits you best. home insurance rancho cucamonga ca