What Automobile Insurance Means to You

The number of cars and drivers on the road increases every year. As this number goes up, the possibility of accidents also goes up. The difference between a little bother and large pain can be the car insurance you have purchased. How can you determine what insurance you require and how you can purchase it? Car accidents can lead to many different expenses, which can all be paid for based on the insurance policy you have purchased. By not owning insurance, you run the risk of having to pay the full price of any harm you cause others or of repairing or replacing your vehicle if it is damaged or stolen. Liability: This kind of insurance coverage will pay for the damage that you are responsible for. These damages may include bodily injury, and property damage. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage includes damaged property and loss of property use. If you are sued, it also pays your legal fees. Recommended, more comprehensive levels of liability insurance are available that take care of more than the lower, state-mandated varieties. Personal Injury Protection: This type of insurance pays for all medical treatment for you and other people in your car, no matter who was responsible for 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 can be purchased in non-no-fault states; it pays regardless of who may have been at fault. It pays for all insured person's reasonable medical and funeral expenses resulting from a crash. Collision: Pays for damage to your vehicle caused by an accident. Comprehensive: Protect your vehicle from all non-collision damages when you buy this type of coverage. This includes protection from burglary, vandalism, and weather damage. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance coverage will protect you. Under-Insured Motorist: There are other drivers who have liability insurance that can't pay for all the expenses they are responsible for. This type of insurance protects you from those drivers. Other policies, such as car rental, are also available. What you pay for auto insurance varies by company and will depend on multiple factors, such as: * What coverage you select * The make and model of the vehicle you own * Your driving record * Your age, sex and marital status * Where you live Many people consider auto insurance to be a necessary evil, but it can rescue your finances. Review your needs, do your research , and with the help of your insurance agent, make the decision that best suits you. Car Insurance Groveland