The FarReaching Benefits of Your Homeowners Insurance Policy

The amount of cars and drivers on the road increases each 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. So how do you know what insurance you need and how much you should buy? Car accidents can lead to a variety of different expenses, which can all be paid for based on the insurance policy you own. Every state and province mandates auto insurance by law. By not owning insurance, you run the risk of having to pay the total price of the harm you cause others or of repairing or replacing your vehicle if it is damaged or stolen. Liability: Liability pays for the expenses you have caused to others in a car collision, including injury and property damage. It also covers your legal fees if you are sued. State laws typically mandate standard amounts of liability insurance, but larger amounts can be purchased and are usually recommended. Personal Injury Protection: This type of insurance pays for all medical treatment for you or other people in your car, regardless of who was at fault in the accident. It is commonly called no-fault coverage. It can also cover lost wages, replacement of services and funeral costs. The minimum amount of personal injury protection is typically set by the state. Medical Payments: Medical payment coverage can be purchased in non-no-fault states; it pays despite who carries responsibility for a crash. All reasonable medical or funeral expenses will be covered under this type of coverage. Collision: This pays for damages to your vehicle caused by a collision. Comprehensive: Applies if your vehicle is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: This pays for repair and replacement costs when someone with insurance is in a crash caused by another person who does not have insurance. Under-Insured Motorist: This 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 cover the full cost of the damages. Other policies, including car rental, are also available. What you pay for auto insurance varies by company and will depend on several factors, including: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, gender and marital status * The place where you live Don't wait around to buy car insurance; you shouldn't drive a car without it. Review your needs, research your options, and with the help of your insurance agent, choose the option that best suits you. State Farm Agent Clermont