Buying Homeowners Insurance About More Than Money

Each year, more automobiles and drivers are on the roads. As this number increases, the chances of a car collision will also increase. Car insurance can make the difference between a small inconvenience and a major hassle. So how do you know what insurance you need and the quantity you should purchase? Car accidents can result in a variety of different expenses, which can all be paid for based on the type of coverage you have purchased. Choosing to drive without owning insurance could cause you to repair or replace a stolen or damaged vehicle or pay the cost of any damage that you may have caused. Liability: Personal injury and property damage that you have caused will be covered under liability insurance. If you are sued, it also pays your court costs. Local laws typically require minimum amounts, but higher amounts can be purchased and are extremely helpful. Personal Injury Protection: This is required in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. The minimum amount of personal injury protection 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. All reasonable medical or funeral expenses will be covered under this type of policy. Collision: This pays for damage to your vehicle caused by a collision. Comprehensive: This kind of insurance protection covers any non-collision damages. This could include flood damage, vandalism, and theft. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance will make sure you are covered. Under-Insured Motorist: This pays for collision expenses when an insured person is injured in a crash caused by a driver who does not have enough liability insurance to pay for the full amount of the damages. Emergency road service, car rental, and other types of car insurance can also be purchased. What you pay for auto insurance varies by company and will depend on several factors, such as: * What coverage you choose * The make and model of the vehicle you drive * Your driving record * Your age, sex and marital status * Where you live Some people don't want to pay for car insurance, but it is honestly something you don't want to live without. Review your needs, research your options, and with the guidance of your insurance agency, make the decision that fits you best. State Farm Clermont