Different Car Insurance Policies

You will see more cars on the road each year. As this number goes up, the possibility of accidents also goes up. Car insurance can be the difference between a small inconvenience and a large hassle. So how do you know what insurance you need and how much to purchase? Mandated coverage varies by state/province but typically includes the following: Liability: Personal injury and property damage that you have caused will be paid for under this type of insurance. It also covers your legal fees if you are sued. State laws typically require minimum amounts, but larger amounts are available and usually recommended. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you or other people in your car, regardless of who was at fault in the collision. It is sometimes referred to as no-fault coverage. It may also pay for lost earnings, replacement of services and funeral expenses. State law typically sets minimum amounts. Medical Payments: Medical payment coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. If you purchase this type of coverage, you will receive coverage for necessary medical or funeral expenses. Collision: Pays for damages to your vehicle caused by a collision. Comprehensive: Applies if your vehicle is stolen or damaged by causes other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Too many drivers are ignoring the law by driving without owning the proper amount of insurance. This type of coverage will protect you if you are in an accident with one of these irresponsible drivers. Under-Insured Motorist: Many drivers have liability insurance that can't pay for all the expenses they are responsible for. This type of insurance covers you in accidents involving those drivers. Other policies, including car rental, are also available. Your car insurance payments varies based on the company and will depend on multiple factors, including: *Your desired coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * The place where you live Some people have come to think of car 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 support of your insurance agent, choose the option that fits you best. State Farm Clermont