The FarReaching Benefits of Your Homeowners Insurance Policy

There are more cars hitting the road every year. As this number goes up, the possibility of accidents also goes up. Car insurance can be the difference between a small setback and a large trial. How can you determine what insurance you need and how you can purchase it? Car insurance provides you with protection from paying for damage caused to your vehicle or another person's vehicle and injury to others, yourself, or your passengers, and certain other occurrences, 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: Personal injury and property damage that you are responsible for will be paid for under liability insurance. Bodily injury damages can include medical fees, lost wages, and pain and suffering. Property damage can refer to damaged property and loss of use of property. It also covers your legal fees if you are sued. Recommended, more comprehensive levels of insurance are available that cover more events than the lower, state-mandated insurance. Personal Injury Protection: Personal injury insurance is mandated 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. This insurance may also pay for lost earnings, replacement of services and funeral expenses. Local law typically sets minimum amounts. Medical Payments: Medical payment coverage is available in states that are not considered no-fault; it pays despite who carries responsibility for an accident. This insurance will pay for all insured person's reasonable medical and funeral expenses resulting from a crash. Collision: Damages that occur from a collision will be paid for under this type of insurance. Comprehensive: Cover your vehicle from damages from other sources when you buy this type of insurance. This includes protection from theft, vandalism, and weather damage. Uninsured Motorist: This pays for repair and replacement costs when someone with insurance is in an accident caused by a driver who does not have liability insurance or by a person who cannot be identified (typically a hit-and-run driver). Under-Insured Motorist: Similar to uninsured motorist protection, this type of insurance protects you against people driving without enough insurance protection. Other types of car insurance, like car rental, can also be purchased. What you pay for car insurance varies by company and will depend on multiple factors, such as: *Your desired coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * The place where you live Many people consider car 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 best suits you. State Farm Clermont