Insurance and You
The amount of cars on the road increases each and every year. This could lead to an increased likelihood of a car accident for you and your family. Automobile insurance can be the difference between a small setback and a major trial. So how can you figure out what insurance you need and how much to buy? Car accidents can result in a variety of different expenses, which your car insurance can pay for based on the type of coverage you own. By not owning insurance, you run the risk of having to pay the full cost of any harm or injury you cause others or of repairing or replacing your car if it is damaged or stolen. Liability: This type of insurance can pay for the damage that you have caused. These damages might include bodily injury, and property damage. Bodily injury damages include medical fees, lost wages, and pain and suffering. Property damage includes car repair costs and loss of use of property. It also covers your legal fees if you are sued. Recommended, more comprehensive levels of liability insurance can be purchased that take care of more events than the stripped-down, state-mandated insurance. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and your passengers, no matter who was at fault in the crash. It is occasionally called no-fault coverage. The minimum amount of this insurance is usually set by local government. Medical Payments: This type of coverage is available in non-no-fault states and will pay no matter who is responsible for the accident. It pays for an insured person's necessary medical and funeral expenses resulting from an accident. Collision: Damages resulting from a car accident will be covered under this type of car insurance. Comprehensive: Applies if your car is stolen or damaged by causes other than a wreck, including weather damage or vandalism. Uninsured Motorist: Pays for damages when an insured person is in a crash caused by another person who does not have liability coverage. Under-Insured Motorist: Pays for damages when an insured person is in a crash caused by another person who does not have enough liability insurance to cover the full amount of the damages. Emergency road service, car rental, and other varieties of coverage can also be purchased. Insurance Clermont