Financial Security and Your Home Insurance Coverage

There are more cars and drivers hitting the road every year. As this number increases, the possibility of accidents also increases. Automobile insurance can be the difference between a minor inconvenience and a major trial. But why do you need insurance and just how much should you get? Car insurance protects you by covering the cost of damage caused to your car or another person's car and injury to others, yourself, or your passengers, and certain other occurrences, such as burglary. Without insurance, you risk having to pay the full cost of the harm you cause others. Liability: Liability pays for damages due to personal injury and damage to property for which you are responsible. Bodily injury damages can include medical expenses, and lost wages. Property damage can refer to damaged property or loss of use of property. If you are in legal trouble, it also pays your court costs. State laws usually mandate minimum amounts of liability insurance, but higher amounts are available and extremely helpful. Personal Injury Protection: This is mandated in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. It may also pay for lost wages, replacement of services and funeral expenses. State law usually sets minimum amounts. Medical Payments: Medical payment coverage is available in non-no-fault states 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 or funeral expenses. Collision: Pays for damages to your car caused by a collision. Comprehensive: This applies if your car is stolen or damaged by something other than a wreck, including weather damage or vandalism. Uninsured Motorist: If you are in an accident with an uninsured driver, this type of insurance will protect you. Under-Insured Motorist: Pays for damages when an insured person is in an accident caused by another person who does not have the right amount of insurance to pay for the total amount of the damages. Other policies, such as emergency road service, are also available. Car Insurance Quotes Clermont