Financial Security and Your Insurance Policy

You will see more cars on the road each year. With so many vehicles on the road, accidents can happen. The difference between a little aggravation and major obstacle can be automobile insurance. So how do you know what type of car insurance you need and how much to purchase? Coverage requirements vary by state/province, but usually include the following: Liability: Liability pays for damages due to bodily injury and property damage to others that you have caused. If you are in legal trouble, it also pays your legal fees. State laws usually mandate minimum amounts of liability insurance, but larger amounts are available and very beneficial. Personal Injury Protection: This 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 the state. Medical Payments: This coverage can be purchased in non-no-fault states; it will pay despite who carries responsibility for a crash. It pays for all insured person's necessary medical or funeral expenses resulting from an accident. 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 may include flood damage, vandalism, and robbery. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: Many drivers have liability insurance that might not be able to pay for all the expenses they are responsible for. Under-insured motorist coverage covers you from those drivers. Emergency road service, car rental, and other varieties of coverage can also be purchased. Your car insurance payments vary by company and will depend on multiple factors, including: * Which policies you select * The type of the vehicle you own * Your driving record * Your age, gender and marital status * Where you live Don't procrastinate buying auto insurance; you shouldn't be on the road without it. Review your needs, research your options, and with the support of your insurance agency, make the decision that fits you best. Auto Insurance Quotes Clermont