Purchasing Insurance Protection About More Than Money

Every year, more automobiles and drivers hit the highways. As this number goes up, the possibility of accidents also goes up. Automobile insurance can be the difference between a small setback and a major hassle. So how do you know what insurance you need and how much to buy? Coverage requirements will differ by state/province, but usually include the following: Liability: This type of insurance coverage will pay for the damage that you are responsible for. These damages can include bodily injury, and property damage. Bodily injury damages include medical expenses, and lost wages. Property damage includes car repair costs or loss of property use. If you are in legal trouble, this type of insurance can pay for your legal fees. Local laws usually require minimum amounts, but higher amounts can be purchased and are extremely helpful. 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 collision. It is mandated in some states and optional in others. The minimum amount of this insurance is typically set by the state. Medical Payments: Medical payment coverage is available in non-no-fault states; it will pay regardless of who may have been at fault. This insurance will pay for an insured person's necessary medical or funeral expenses resulting from a crash. Collision: Damages resulting from a collision will be covered under this type of car insurance. Comprehensive: This type of insurance protection takes care of all damages not caused by a collision. This could include hail damage, vandalism, and burglary. Uninsured Motorist: Many drivers are ignoring the law by driving a car without purchasing the right amount of car insurance. This insurance will protect you if you are in a collision with one of these drivers. Under-Insured Motorist: Pays for collision expenses when an insured person is in a crash caused by a driver who does not have the right amount of insurance to pay for the full cost of the damages. Other policies, like emergency road service, are also available. What you pay for auto insurance varies by company and will depend on several factors, including: * What coverage you select * The make and model of the vehicle you own * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Many people think they can get by without auto insurance, but it is honestly something you don't want to live without. Evaluate your needs, research your options, and with the guidance of your insurance agent, make the decision that best suits you. Car Insurance Groveland