Financial Security and Your Home Insurance Coverage

There are more drivers on the road every year. As this number goes up, the chances of a car wreck will also go up. The difference between a little aggravation and large obstacle can be car insurance. So how can you find out what type of car insurance you need and the quantity you should purchase? Your car insurance may be able to pay for the expenses from a car crash ranging from hospital bills to legal fees. Without insurance, you risk having to pay the total price of any harm you cause others or of repairing or replacing your vehicle if it is damaged or stolen. Liability: It pays for the expenses you are responsible for in a car accident, including injury and property damage. Damages from bodily injury include medical fees, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of property use. It also covers your defense and court costs if you are sued. Recommended, more comprehensive levels of insurance are available that take care of more than the lower, state-mandated insurance. Personal Injury Protection: Personal injury insurance is mandated 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 typically sets minimum amounts. 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 type of coverage has been bought, the insured person will receive payment for reasonable medical or funeral costs. Collision: This pays for damage to your vehicle caused by an accident. Comprehensive: Cover your vehicle from all non-collision damages when you buy this type of insurance. This includes protection from burglary, vandalism, and weather damage. Uninsured Motorist: If you are hit by an uninsured driver, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: This pays for collision expenses when an insured person is in a crash caused by another person who does not have enough liability insurance to pay for the full cost of the damages. Other kinds of car insurance, like emergency road service, can also be purchased. What you pay for car insurance varies based on the company and will depend on several factors, including: *Your selected coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Some people have consider car insurance as a necessary evil, but it can truly rescue you from a financial disaster. Evaluate your needs, research your options, and with the help of your insurance agent, make the decision that best suits you. State Farm Agent Clermont