Purchasing Insurance About More Than Money
- 2 28, 2021
- |Car and Motorcycle Insurance
- No Comments
Each year, more cars travel our roads and freeways. With countless vehicles on the road, crashes are going to happen. Automobile insurance can be the difference between a small setback and a large hassle. But why do you need insurance and just how much should you purchase? Required coverage varies by state/province but typically includes the following: Liability: Bodily injury and property damage that you have caused will be covered under this type of insurance. If you are in legal trouble, this type of insurance can pay for your defense and court costs. Recommended, higher levels of insurance can be purchased that cover more than the lower, state-mandated insurance. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and your passengers, no matter who was at fault in the collision. It is required in some states and optional in others. The minimum amount of this insurance is typically set by local government. Medical Payments: This coverage is available in states that are not considered no-fault; it will pay despite who carries responsibility for a collision. If you purchase this type of coverage, you will receive payment for all types of medical and funeral costs. Collision: Pays for damage to your vehicle caused by a collision. Comprehensive: This applies if your vehicle is stolen or damaged by something other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Too many drivers are ignoring the law by driving a car without purchasing the proper amount of auto insurance. This insurance will protect you if one of these irresponsible drivers hit you. Under-Insured Motorist: Pays for damages when a driver with insurance is in a crash caused by another person who does not have the right amount of insurance to pay for the full cost of the damages. Emergency road service, car rental, and other varieties of coverage can also be purchased. What you pay for auto insurance varies by company and will depend on multiple factors, such as: * Which policies you choose * The type of the vehicle you own * Whether or not you have been in an accident * Your age, sex 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, research your options, and with the support of your insurance agency, choose the option that best suits you. Car Insurance Quotes Clermont