Buying Homeowners Insurance It's Not About The Money

The amount of cars on the road increases each year. As this number increases, the possibility of accidents also increases. If you get in a car crash, the auto insurance you have can make a large difference in what happens next. But why do you need to own insurance and just how much should you buy? Car insurance provides you with protection from paying for injury or damage you inflict on others while you are driving, damage to your car or injury to you or your passengers from a crash, and certain other incidents, such as robbery. Your state or province certainly mandates some type of auto insurance. By not owning insurance, you risk having to pay the full cost of the harm you cause others or of repairing or replacing your car if it is damaged or stolen. Liability: Bodily injury and property damage that you have caused will be covered under liability insurance. If you are sued, it also pays your defense and court costs. Recommended, higher levels of liability insurance can be purchased that cover more events than the stripped-down, state-mandated varieties. Personal Injury Protection: This 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. The minimum amount of this insurance is typically set by the state. 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 buy this type of coverage, you will receive coverage for necessary medical and funeral expenses. Collision: Pays for damage to your car caused by an accident. Comprehensive: This type of insurance protection covers all non-collision damages. This may include flood damage, vandalism, and robbery. Uninsured Motorist: If you are hit by a driver without insurance or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: Similar to uninsured coverage, this type of insurance covers you from drivers without enough insurance coverage. Other types of coverage, including car rental, are also available. Auto Insurance Clermont