What Automobile Insurance Means to You

You will see more cars on the road each year. This could lead to an increased likelihood of a collision. Automobile insurance can be the difference between a small setback and a major trial. But why is insurance required by law and just how much should you buy? Car crashes can lead to a variety of different expenses, which can all be paid for based on the insurance policy you own. No matter where you live, you will need to purchase some type of auto insurance. Deciding 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: It pays for expenses due to personal injury and property damage to others that you have caused. Damages from bodily injury include medical fees, lost wages, and pain and suffering. Property damage includes car repair costs and loss of use of property. If you are in legal trouble, liability insurance will pay for your legal fees. Local laws usually mandate minimum amounts, but higher amounts are available and extremely helpful. Personal Injury Protection: Personal injury insurance is mandated 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 this insurance is usually set by local government. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault and will pay no matter who is responsible for the accident. If this policy has been bought, the insured person will receive payment for reasonable medical or funeral costs. Collision: Pays for damage to your vehicle caused by an accident. Comprehensive: Applies if your vehicle is stolen or damaged by causes other than a wreck, including weather damage or vandalism. Uninsured Motorist: Pays for repair and replacement costs when someone with insurance is in an accident caused by a driver who does not have insurance. Under-Insured Motorist: Similar to uninsured coverage, this kind of insurance protects you against people driving without enough insurance protection. Emergency road service, car rental, and other varieties of car insurance can also be purchased. Auto Insurance Clermont