Financial Security and Your Insurance Coverage

Every year, more automobiles and drivers are on the roads. As this number goes up, the possibility of accidents also goes up. If you get in a car crash, the auto insurance you have can make a big difference in the experience you have. So how do you know what insurance you need and how much to purchase? Mandated coverage varies by state/province but usually includes the following: Liability: This kind of insurance will pay for the damage that you have caused. These damages can include bodily injury, and property damage. Bodily injury damages include medical fees, and lost wages. Property damage includes damaged property and loss of property use. If you are in legal trouble, this type of insurance will pay for your legal fees. Local laws usually require minimum amounts of liability insurance, but larger amounts are available and very beneficial. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and your passengers, regardless of who was at fault in the collision. It is required in some states and optional in others. This insurance may also pay for lost wages, service replacement and funeral expenses. Local government usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in non-no-fault states and will pay no matter who is responsible for the accident. All necessary medical or funeral expenses will be covered under this insurance coverage. Collision: Damages resulting from a car accident will be covered under this kind of car insurance. Comprehensive: Protect your vehicle from damages from other sources by purchasing this type of insurance. This may include protection from robbery, vandalism, and weather damage. Uninsured Motorist: Too many drivers are ignoring the law by driving without owning the right amount of auto insurance. This insurance will protect you if one of these irresponsible drivers hit you. Under-Insured Motorist: Many drivers have liability insurance that can't pay for all the expenses they are supposed to take care of. This type of insurance covers you from those drivers. Other types of car insurance, such as car rental, are also available. Car Insurance Quotes Clermont

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