The FarReaching Benefits of Your Homeowners Insurance Coverage

Every year, more cars hit the highways. This could lead to a higher possibility of a collision for you and your family. Car insurance can make the difference between a small inconvenience and a large trial. But why do you need insurance and exactly how much should you purchase? Required coverage varies based on the state/province but usually includes the following: Liability: Personal injury and property damage that you have caused will be paid for under liability insurance. If you are in legal trouble, liability insurance will pay for your defense and court costs. Local laws usually mandate minimum amounts of liability insurance, but higher amounts are available and usually recommended. Personal Injury Protection: This type of insurance 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 referred to as no-fault coverage. This insurance can also pay for lost wages, replacement of services and funeral expenses. Local law usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in non-no-fault states and will pay regardless of who is responsible for an accident. If you purchase this type of coverage, you will receive coverage for necessary medical or funeral expenses. Collision: Damages that occur from a collision will be covered under this kind of insurance. Comprehensive: Protect your vehicle from damages from other sources when you buy this type of insurance. This can include protection from burglary, vandalism, and weather damage. Uninsured Motorist: This pays for damages when someone with insurance is in a crash caused by a driver who does not have liability insurance or by a hit-and-run driver. Under-Insured Motorist: Many drivers have liability insurance that can't pay for all the expenses they are responsible for. Under-insured motorist coverage protects you in accidents involving those drivers. Other policies, such as car rental, are also available. Your car insurance payments vary by company and will depend on multiple factors, including: * Which policies you choose * The type of the vehicle you drive * Your driving record * Your age, gender and marital status * Where you live Many people consider car insurance to be a necessary evil, but it can save you from a financial dilemma. Evaluate your needs, research your options, and with the help of your insurance agency, make the decision that best suits you. State Farm Agent Clermont