Insurance and You

The amount of cars and drivers on the road increases each and every year. With countless vehicles on the road, crashes are going to happen. Car insurance can be the difference between a minor inconvenience and a major hassle. But why do you need to own insurance and just how much should you buy? Required coverage varies by state/province but typically includes the following: Liability: This type of insurance can pay for the damage that you have caused. These damages may include personal injury, and property damage. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of use of property. If you are in legal trouble, it also pays your legal fees. Recommended, more comprehensive levels of insurance can be purchased that take care of more than the lower, state-mandated varieties. Personal Injury Protection: This is required 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. This insurance may also cover lost wages, service replacement and funeral expenses. The minimum amount of personal injury protection is typically set by the state. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay regardless of who is responsible for an accident. If this policy is bought, the insured person will receive payment for reasonable medical or funeral expenses. Collision: This pays for damages to your vehicle caused by an accident. Comprehensive: This type of insurance protection covers all damages not caused by a collision. This may include weather damage, vandalism, and robbery. Uninsured Motorist: If you are in an accident with an uninsured driver, 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 protection. Other types of coverage, like emergency road service, are also available. Your auto insurance payments varies based on the company and will depend on multiple factors, including: * What coverage you choose * The make and model of the vehicle you drive * Whether or not you have been in an accident * Your age, gender and marital status * Where you live Don't procrastinate buying auto insurance; you shouldn't be on the road without it. Review your needs, research your options, and with the guidance of your insurance agent, choose the option that best suits you. Car Insurance Groveland