The FarReaching Benefits of Your Insurance Policy

There are more cars on the road each year. This could lead to an increased likelihood of a collision for you and your family. If you get in a car wreck, the auto insurance you own can make a large difference in what happens next. But why do you need to own insurance and exactly how much should you buy? Mandated coverage varies by state/province but typically includes the following: Liability: This kind of insurance will pay for the damage that you have caused. These damages may include personal injury, and property damage. Damages from bodily injury include medical expenses, and lost wages. Property damage includes damaged property or loss of use of property. It can also cover your legal fees if you are sued. State laws typically mandate minimum amounts, but higher amounts can be purchased and are very beneficial. Personal Injury Protection: Personal injury insurance 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. 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. If you buy this type of coverage, you will receive coverage for all types of medical and funeral expenses. Collision: This pays for damages to your car caused by an accident. Comprehensive: This applies if your car is stolen or damaged by something other than an accident, including weather damage or vandalism. Uninsured Motorist: Many drivers are breaking the law by driving without purchasing the right amount of insurance. This type of coverage will cover you if one of these drivers hit you. Under-Insured Motorist: Many drivers have liability insurance that might not be able to cover all the expenses they are supposed to take care of. This type of insurance covers you in accidents involving those drivers. Emergency road service, car rental, and other varieties of coverage can also be purchased. State Farm Agent Clermont