Why You Need Auto Insurance

There are more drivers on the road each year. This could lead to a higher possibility of a collision for you and your family. The difference between a small bother and major obstacle can be your insurance. But why do you need insurance and exactly how much should you purchase? Insurance requirements vary by state/province, but usually include the following: Liability: Personal injury and property damage that you have caused will be paid for under this type of insurance. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage includes damaged property or loss of use of property. It can also cover your legal fees if you are sued. Local laws usually mandate standard amounts, but higher amounts can be purchased and are extremely helpful. 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. Local government usually sets minimum amounts. Medical Payments: Medical payment coverage is available in non-no-fault states; it pays despite who carries responsibility for a crash. If this policy has been bought, the insured person will receive payment for reasonable medical and funeral costs. Collision: This pays for damages to your vehicle caused by a collision. Comprehensive: This kind of insurance takes care of all damages not caused by a collision. This could include hail damage, vandalism, and burglary. Uninsured Motorist: Thousands of drivers are ignoring the law by driving a car without having the right amount of car insurance. This insurance will protect you if you are in an accident with one of these irresponsible drivers. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance protects you against people driving without sufficient insurance coverage. Other types of coverage, like car rental and emergency road service, are also available. What you pay for car insurance varies by company and will depend on several factors, such as: * Which policies you choose * The type of the vehicle you drive * Your driving record * Your age, sex and marital status * Where you live Many people think of car insurance as a necessary evil, but it can rescue your finances. Review your needs, do your research , and with the guidance of your insurance agent, make the decision that best suits you. State Farm Clermont