The FarReaching Benefits of Your Home Insurance Policy

The amount of cars on the road increases each and every year. As this number goes up, the chances of a car accident will also increase. The difference between a little aggravation and large pain can be car insurance. But why do you need to own insurance and just how much should you purchase? Your car insurance may be able to pay for the expenses from a car crash ranging from car repairs to legal fees. No matter where you are living, you are required to purchase some type of auto insurance. By not owning insurance, you run the risk of having to pay the full cost of the harm you cause others or to repair or replace your car if it is damaged or stolen. Liability: Bodily injury and property damage that you are responsible for will be paid for under this type of insurance. If you are sued, this type of insurance can pay for your defense and court costs. State laws typically mandate minimum amounts, but higher amounts are available and extremely helpful. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you and other people in your car, regardless of who was at fault in the accident. It is sometimes referred to as no-fault coverage. This insurance may also pay for lost wages, service replacement and funeral expenses. State law typically sets minimum amounts. Medical Payments: Medical payment coverage is available in states that are not considered no-fault; it will pay regardless of who may have been at fault. This insurance will pay for all insured person's reasonable and necessary medical and funeral expenses for bodily injury from a crash. Collision: This pays for damage to your car caused by an accident. Comprehensive: This applies if your car is stolen or damaged by causes other than a wreck, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Thousands of drivers are breaking the law by driving without purchasing the proper amount of auto insurance. This insurance will protect you if one of these drivers hit you. Under-Insured Motorist: Just like uninsured coverage, this type of insurance covers you from drivers without sufficient insurance protection. Other types of coverage, like car rental, are also available. Your auto insurance payments varies based on the company and will depend on several factors, including: * Which policies you choose * The type of the car you own * Whether or not you have been in an accident * Your age, gender and marital status * Where you live Many people think of auto insurance as a necessary evil, but it can save you from a financial dilemma. Evaluate your needs, do your research , and with the help of your insurance agent, choose the option that fits you best. Car Insurance Groveland