Financial Security and Your Home Insurance Policy

Each year, more cars and drivers hit the roads. With countless vehicles on the road, crashes can happen. If you get in a car wreck, the car insurance you have can make a large difference in how much you have to pay. How can you decide what type of insurance you need and how to buy it? Coverage requirements vary by state/province, but typically include the following: Liability: This type of insurance coverage can pay for the damage that you are responsible for. These damages can include bodily injury, and property damage. It can also cover your legal fees if you are sued. Recommended, more comprehensive levels of liability insurance are available that cover more than the stripped-down, state-mandated insurance. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you or your passengers, no matter who was at fault in the crash. It is sometimes called no-fault coverage. State government typically sets minimum amounts. Medical Payments: This coverage is available in non-no-fault states; it pays despite who may have been at fault. All reasonable medical or funeral expenses will be paid for under this insurance coverage. Collision: Pays for damages to your vehicle caused by an accident. Comprehensive: This applies if your vehicle is stolen or damaged by something other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: Just like uninsured motorist protection, this type of insurance covers you from drivers without sufficient insurance coverage. Other types of coverage, including car rental, are also available. Your auto insurance payments vary by company and will depend on multiple factors, such as: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * The place where you live Many people think of auto insurance as a necessary evil, but it can save you from a financial fiasco. Review your needs, do your research , and with the support of your insurance agent, choose the option that best suits you. Auto Insurance Clermont