Insurance and What It Means To You

Every year, more drivers hit our roads and freeways. As this number goes up, the possibility of accidents also goes up. Automobile insurance can make the difference between a minor setback and a major hassle. But why do you need insurance and just how much should you buy? Insurance requirements will differ by state/province, but usually include the following: Liability: Bodily injury and property damage that you have caused will be paid for under liability insurance. It can also cover your defense and court costs if you are sued. Recommended, more comprehensive levels of liability insurance are available that cover more than the stripped-down, state-mandated insurance. Personal Injury Protection: Personal injury protection pays for hospital bills and other 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. This insurance may also cover lost wages, service replacement and funeral expenses. State government usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault; it will pay despite who carries responsibility for an accident. All necessary medical or funeral expenses will be paid for under this insurance policy. Collision: Damages that occur from a car accident will be paid for under this kind of car insurance. Comprehensive: This kind of insurance covers all non-collision damages. This could include weather damage, vandalism, and robbery. Uninsured Motorist: Pays for repair and replacement costs when an insured person is in a crash caused by another person who does not have insurance. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance covers you from drivers without enough insurance coverage. Other types of coverage, such as car rental, can also be purchased. Golf Cart Insurance Clermont