Financial Security and Your Home Insurance Coverage

Every year, more cars and drivers travel our roads and freeways. This can lead to a higher possibility of a collision for you and your family. If you get in a car accident, the car insurance you own can make a large difference in how much you have to pay. So how do you know what insurance you need and how much you should buy? Car insurance provides you with protection from paying for damage or injury you inflict on others while you are driving, damage to your vehicle or injury to you or your passengers from a crash, and specific other situations, such as robbery. Every state and province requires automobile insurance by law. Without insurance, you risk having to pay the total price of any harm you cause others. Liability: This type of insurance coverage will pay for the damage that you have caused. These damages can include personal injury, and property damage. Damages from bodily injury can include medical fees, and lost wages. Property damage includes damaged property and loss of property use. If you are sued, this type of insurance can pay for your legal fees. Recommended, higher levels of liability insurance can be purchased that cover more than the lower, state-mandated varieties. Personal Injury Protection: This is required 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 can also cover lost wages, replacement of services and funeral expenses. State law typically sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in non-no-fault states; it pays regardless of who may be responsible. This insurance will pay for all insured person's reasonable medical and funeral expenses for bodily injury from an accident. Collision: Damages resulting from a collision will be covered under this type of insurance. Comprehensive: Applies if your vehicle is stolen or damaged by something other than a wreck, including fire, wind, hail, flood or vandalism. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: Just like uninsured coverage, this type of insurance protects you against drivers without sufficient insurance coverage. Emergency road service, car rental, and other varieties of car insurance can also be purchased. Golf Cart Insurance Clermont