Financial Security and Your Homeowners Coverage

There are more drivers on the road each year. As this number increases, the possibility of accidents also increases. The difference between a little aggravation and major pain can be the car insurance you own. But why do you need insurance and exactly how much should you buy? Required coverage varies based on the state/province but usually includes the following: Liability: Pays for damages due to bodily injury and damage to property when you are responsible. Damages from bodily injury include medical expenses, and lost wages. Property damage includes damaged property or loss of property use. If you are in legal trouble, this type of insurance can pay for your defense and court costs. Recommended, higher levels of liability insurance are available that take care of more 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. State government usually sets minimum amounts. Medical Payments: This type of coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. If this type of coverage is purchased, the insured person will receive payment for reasonable medical and funeral expenses. Collision: This pays for damage to your car caused by a collision. Comprehensive: This kind of insurance protection takes care of all damages not caused by a collision. This may include fire and wind damage, vandalism, and burglary. Uninsured Motorist: This pays for repair and replacement costs when someone with insurance is in an accident caused by a driver who does not have insurance. Under-Insured Motorist: Similar to uninsured motorist protection, this kind of insurance covers you from people driving without sufficient insurance coverage. Other kinds of coverage, like emergency road service, are also available. What you pay for auto insurance varies based on the company and will depend on several factors, including: * Which policies you select * The type of the car you own * Whether or not you have been in an accident * Your age, sex and marital status * The place where you live Some people think they can get by without auto insurance, but it is truly something you don't want to live without. Evaluate your needs, research your options, and with the help of your insurance agent, make the decision that best suits you. Golf Cart Insurance Clermont