Financial Security and Your Insurance Policy

Each year, more cars hit America's roads. As this number increases, the possibility of accidents also increases. Car insurance can be the difference between a small inconvenience and a major trial. How can you decide what insurance you need and how to purchase it? Auto insurance provides you with protection from paying for damage or injury you cause 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. Without insurance, you risk having to pay the full price of any harm you cause others or of repairing or replacing your vehicle if it is damaged or stolen. Liability: This kind of insurance coverage will pay for the damage that you are responsible for. These damages can include personal injury, and property damage. It can also cover your legal fees if you are sued. Recommended, higher levels of liability insurance are available that cover more than the stripped-down, state-mandated varieties. Personal Injury Protection: Personal injury protection pays for the medical treatment for you and other people in your car, no matter who was responsible for the collision. It is required in some states and optional in others. It may also pay for lost wages, replacement of services and funeral expenses. The minimum amount of this insurance is typically set by the state. Medical Payments: This type of coverage can be purchased in states that are not considered no-fault and will pay regardless of who is responsible for an accident. If this policy has been purchased, the insured person will receive coverage for necessary medical and funeral expenses. Collision: This pays for damages to your vehicle caused by a collision. Comprehensive: This kind of insurance protection covers any damages not caused by a collision. This may include fire damage, vandalism, and robbery. Uninsured Motorist: Thousands of drivers are ignoring the law by driving a car without purchasing the right amount of insurance. This insurance will cover you if you are in an accident with one of these irresponsible drivers. Under-Insured Motorist: This pays for collision expenses when a driver with insurance is injured in an accident caused by another person who does not have the right amount of insurance to pay for the full cost of the damages. Other kinds of coverage, such as emergency road service, are also available. State Farm Agent Clermont