The number of cars and drivers on the road increases every year. With the increasing number of vehicles on the road, accidents are going to happen. Automobile insurance can make the difference between a minor inconvenience and a large hassle. How can you determine what insurance you require and how you can purchase it? Insurance requirements vary by state/province, but usually include the following: Liability: It pays for the expenses you are responsible for in a car accident, including property damage and injury. Damages from bodily injury can include medical expenses, and lost wages. Property damage can refer to car repair costs or loss of property use. If you are in legal trouble, it also pays your defense and court costs. State laws usually require standard amounts, but higher amounts are available and usually recommended. Personal Injury Protection: This type of insurance pays for the medical treatment for you and other people in your car, regardless of who was at fault in the crash. It is sometimes referred to as no-fault coverage. The minimum amount of personal injury protection is typically set by the state. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay no matter who is responsible for the accident. If this policy has been purchased, the insured person will receive payment for all types of medical and funeral expenses. Collision: This 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 weather damage or vandalism. Uninsured Motorist: If you are in an accident with an uninsured driver, this type of insurance will make sure you are covered. Under-Insured Motorist: This pays for collision expenses when an insured person is injured in a crash caused by another person who does not have the right amount of insurance to cover the total amount of the damages. Other types of coverage, including emergency road service, can also be purchased. Your auto insurance payments varies based on the company and will depend on multiple factors, such as: * Which policies you choose * The make and model of the vehicle you own * Your driving record * Your age, sex and marital status * The place where you live Some have come to think of auto insurance as a necessary evil, but it can truly save you from a financial disaster. Review your needs, do your research , and with the support of your insurance agency, make the decision that fits you best. Insurance Clermont
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