Financial Security and Your Home Insurance Policy

Every year, more automobiles and drivers are on the roads. This could lead to a higher possibility of a car accident. If you get in a car crash, the auto insurance you own can make a large difference in how much you have to pay. How can you determine what insurance you need and how to buy it? Your insurance may be able to pay for car crash expenses ranging from hospital bills to replacement costs. Every state and province requires auto insurance by law. Making the decision to drive without owning insurance could mean you have to repair or replace a stolen or damaged vehicle and pay the cost of any damage for which you might be responsible. Liability: This kind of insurance coverage will pay for the damage that you are responsible for. These damages may include personal injury, and property damage. It can also cover your defense and court costs if you are sued. Recommended, more comprehensive levels of liability insurance are available that cover more than the lower, state-mandated insurance. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you and your passengers, no matter who was responsible for the accident. It is mandated in some states and optional in others. It may also pay for lost wages, service replacement and funeral costs. State law usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault and will pay regardless of who is responsible for an accident. This insurance will pay for all insured person's reasonable medical and funeral expenses for bodily injury from an accident. Collision: This pays for damage to your car caused by an accident. Comprehensive: Cover your car from all non-collision damages when you buy this type of coverage. This may include protection from robbery, vandalism, and fire or flood damage. Uninsured Motorist: If you are in an accident with a driver without insurance, this type of insurance coverage will protect you. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance covers you from drivers without sufficient insurance protection. Other policies, such as emergency road service, are also available. Car Insurance Groveland