The FarReaching Benefits of Your Homeowners Insurance Policy

There are more cars on the road every year. As this number goes up, the chances of a car accident will also go up. The difference between a little bother and major obstacle can be the car insurance you own. But why do you need insurance and just how much do you need? Required coverage varies based on the state/province but typically includes the following: Liability: It pays for damages due to bodily injury and damage to property when you are responsible. If you are sued, liability insurance will pay for your defense and court costs. Local laws typically mandate minimum amounts, but larger amounts are available and very beneficial. Personal Injury Protection: This type of insurance pays for all medical treatment for you and other people in your car, regardless of who was responsible for the collision. It is required in some states and optional in others. Local government typically sets minimum amounts. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. It pays for all insured person's reasonable and necessary medical and funeral expenses resulting from a crash. Collision: This pays for damages to your vehicle caused by a collision. Comprehensive: This applies if your vehicle is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for damages when someone with insurance is injured in a crash caused by another person who does not have liability coverage. Under-Insured Motorist: Similar to uninsured motorist protection, this type of insurance covers you from people driving without enough insurance protection. Emergency road service, car rental, and other types of coverage can also be purchased. What you pay for car insurance varies based on the company and will depend on multiple factors, such as: *Your selected coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Many 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 guidance of your insurance agency, make the decision that fits you best. Insurance Clermont