Financial Security and Your Homeowners Coverage

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 auto insurance you have can make a large difference in how much you have to pay. So how can you figure out which type of insurance you need and how much you should buy? Car insurance protects you by covering the cost of damage caused to your vehicle or another person's vehicle and injury to others, yourself, or your passengers, plus specific other situations, such as burglary. Deciding to drive without insurance could mean you have to repair or replace a stolen or damaged vehicle and pay the cost of any damage that you may have caused. Liability: Liability pays for the expenses you are responsible for in a car collision, including property damage and injury. It can also cover your defense and court costs if you are sued. State laws usually mandate minimum amounts of liability insurance, but larger amounts are available and usually recommended. Personal Injury Protection: This is required 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. It may also cover lost wages, replacement of services and funeral costs. The minimum amount of this insurance is typically set by local government. Medical Payments: This coverage is available in non-no-fault states; it pays despite who may have been at fault. This insurance will pay for all insured person's reasonable and necessary medical and funeral expenses resulting from an accident. Collision: Damages that occur from a car accident will be paid for under this type of car insurance. Comprehensive: This applies if your vehicle is stolen or damaged by something other than an accident, including weather damage or vandalism. Uninsured Motorist: If you are hit by an uninsured driver or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: Pays for collision expenses when an insured person is injured in a crash caused by another person who does not have the right amount of insurance to cover the total amount of the damages. Other types of car insurance, including emergency road service, can also be purchased. Your auto insurance payments vary by company and will depend on several factors, such as: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * Where you live Many people consider auto insurance to be a necessary evil, but it can save you from a financial crisis. Review your needs, do your research , and with the help of your insurance agent, choose the option that fits you best. Golf Cart Insurance Clermont