Financial Security and Your Insurance Policy
There are more cars and drivers hitting the road each year. As this number increases, the possibility of accidents also increases. If you get in a car crash, the car insurance you have can make a large difference in how much you have to pay. But why do you need insurance and exactly how much should you buy? Auto insurance protects you by paying for injury or damage you inflict on others while driving your car, damage to your car or injury to you or your passengers from a crash, and specific other incidents, such as robbery. By not purchasing insurance, you risk having to pay the full price of any harm you cause others. Liability: Pays for the expenses you are responsible for in a car collision, including property damage and injury. If you are in legal trouble, liability insurance can pay for your court costs. Recommended, more comprehensive levels of insurance are available that take care of more than the stripped-down, state-mandated varieties. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you and your passengers, regardless of who was at fault in the collision. It is mandated in some states and optional in others. It can also pay for lost wages, replacement of services and funeral costs. The minimum amount of this insurance is usually set by local government. Medical Payments: This type of coverage is available in states that are not considered no-fault and will pay no matter who is responsible for the accident. This insurance will pay for an insured person's reasonable and necessary medical and funeral expenses resulting from an accident. Collision: Damages that occur from a collision will be covered under this type of insurance. Comprehensive: Cover your car from all non-collision damages when you buy this type of coverage. This may include protection from burglary, vandalism, and weather damage. Uninsured Motorist: If you are in an accident with an uninsured driver, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: Pays for collision expenses when a driver with insurance is injured in a crash caused by a driver 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, are also available. State Farm Clermont