Financial Security and Your Homeowners Coverage

The number of cars on the road increases every year. This could lead to a higher possibility of a collision for you and your family. If you get in a car accident, the car 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? Your insurance may be able to pay for car crash expenses ranging from car repairs to replacement costs. Choosing to drive without insurance could cause you to repair or replace a stolen or damaged vehicle or pay the cost of any damage for which you might be responsible. Liability: This kind of insurance will pay for the damage that you have caused. These damages might include bodily injury, and property damage. Damages from bodily injury can include medical fees, and lost wages. Property damage can refer to damaged property and loss of use of property. If you are sued, liability insurance will pay for your defense and court costs. Recommended, more comprehensive levels of insurance are available that cover more events than the lower, state-mandated insurance. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you or your passengers, no matter who was at fault in the crash. It is mandated in some states and optional in others. This insurance may also cover lost earnings, service replacement and funeral costs. State government typically sets minimum amounts. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. All necessary medical or funeral expenses will be paid for under this type of coverage. Collision: This pays for damages to your car caused by an accident. Comprehensive: This kind of insurance covers all damages not caused by a collision. This may include fire and wind damage, vandalism, and robbery. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance will protect you. Under-Insured Motorist: Similar to uninsured coverage, this kind of insurance protects you against people driving without enough insurance protection. Other types of coverage, including emergency road service, are also available. Car Insurance Quotes Clermont