The FarReaching Benefits of Your Home Insurance Policy

You will see more cars on the road each year. This can lead to an increased likelihood of a collision. Automobile insurance can be the difference between a minor inconvenience and a large hassle. But why is insurance required by law and just how much should you get? Required coverage varies based on the state/province but typically includes the following: Liability: Personal injury and property damage that you are responsible for will be covered under liability insurance. If you are in legal trouble, it also pays your legal fees. State laws typically mandate minimum amounts, but higher amounts are available and very beneficial. Personal Injury Protection: This 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. It can also cover lost wages, service replacement and funeral costs. State government typically sets minimum amounts. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay no matter who is responsible for the accident. If this type of coverage is purchased, the insured person will receive payment for necessary medical or funeral costs. Collision: Damages resulting from a collision will be covered under this type of insurance. Comprehensive: This type of insurance covers all damages not caused by a collision. This may include fire and wind damage, vandalism, and theft. Uninsured Motorist: If you are in an accident with a driver without insurance, this type of insurance will protect you. Under-Insured Motorist: Just like uninsured motorist protection, this type of insurance covers you from drivers without enough insurance coverage. Other types of coverage, including emergency road service, can also be purchased. What you pay for car insurance varies based on the company and will depend on multiple factors, such as: * Which policies you choose * The type of the vehicle you drive * Whether or not you have been in an accident * Your age, sex and marital status * The place where you live Some people have come to think of car insurance as a necessary evil, but it can truly save you from a financial mess. Review your needs, research your options, and with the support of your insurance agent, make the decision that best suits you. State Farm Agent Clermont