There are more cars hitting the road every year. As this number increases, the possibility of accidents also increases.
Car insurance can make the difference between a minor setback and a major hassle. How can you decide what insurance you need and how you can purchase it? Car insurance provides you with protection from covering the cost of damage caused to your vehicle or someone else's vehicle and injury to other people, yourself, or your passengers, plus certain other situations, such as robbery.
By not owning insurance, you run the risk of having to pay the total cost of the harm or injury you cause others. Liability: This type of insurance coverage can pay for the damage that you have caused. These damages can include bodily injury, and property damage. Bodily injury damages can include medical expenses, lost wages, and pain and suffering. Property damage includes car repair costs or loss of use of property. If you are sued, liability insurance can pay for your legal fees.
Recommended, more comprehensive levels of insurance are available that cover more events than the stripped-down, state-mandated varieties. 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. The minimum amount of this insurance is usually set by the state. 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. This insurance will pay for all insured person's necessary medical or funeral expenses resulting from a crash. Collision: Damages that occur from a collision will be covered under this type of insurance. Comprehensive: Protect your vehicle from damages from other sources when you buy this type of coverage. This includes protection from robbery, vandalism, and fire or flood damage. Uninsured Motorist: Too many drivers are ignoring the law by driving a car without owning the proper amount of insurance. This insurance will cover you if you are in a collision with one of these drivers. Under-Insured Motorist: Many drivers have liability insurance that might not be able to cover all the expenses they are responsible for. Under-insured motorist coverage covers you in accidents involving those drivers.
Other policies, like car rental, are also available. What you pay for auto insurance varies by company and will depend on multiple factors, such as: * Which policies you select * The make and model of the vehicle you drive * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Some have consider auto insurance as a necessary evil, but it can truly rescue you from a financial disaster. Review your needs, do your research , and with the support of your insurance agency, make the decision that best suits you. home insurance 53214