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Why Paying For Car Insurance is Worth Every Dollar

We see more and more cars on the road each year. As this number goes up, the possibility of accidents also goes up. If you get in a car wreck, the car insurance you have can make a large difference in how much you have to pay. So how can you find out what type of car insurance you need and how much to purchase? Car insurance protects you by covering the cost of damage caused to your vehicle or another person's vehicle and injury to others, yourself, or your passengers, and specific other occurrences, such as theft. Your state or province definitely mandates some type of car insurance. Choosing to drive without owning insurance could cause you to repair or replace a stolen or damaged vehicle and pay the cost of all the damage that you may have caused. Liability: This kind of insurance will pay for the damage that you are responsible for. These damages may include personal injury, and property damage. If you are sued, it also pays your legal fees. Recommended, more comprehensive levels of insurance can be purchased that take care of more events than the stripped-down, state-mandated varieties. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you and your passengers, regardless of who was responsible for the accident. It is sometimes called no-fault coverage. It can also cover lost wages, service replacement and funeral costs. The minimum amount of personal injury protection is usually set by the state. Medical Payments: This coverage can be purchased in states that are not considered no-fault; it will pay regardless of who carries responsibility for a collision. If you purchase this type of coverage, you will receive payment for reasonable medical and funeral costs. Collision: Damages resulting from a car accident will be paid for under this kind of car insurance. Comprehensive: This kind of insurance takes care of all damages not caused by a collision. This could include hail damage, vandalism, and theft. Uninsured Motorist: Pays for repair and replacement costs when someone with insurance is injured in a crash caused by a driver who does not have liability coverage. Under-Insured Motorist: Similar to uninsured coverage, this kind of insurance covers you from drivers without enough insurance protection. Emergency road service, car rental, and other types of car insurance can also be purchased. What you pay for car insurance varies based on the company and will depend on several factors, including: * Which policies you select * The make and model of the vehicle you drive * Your driving record * Your age, gender and marital status * Where you live Some have come to think of car insurance as a necessary evil, but it can truly save you from a financial mess. Review your needs, research your options, and with the guidance of your insurance agency, choose the option that best suits you. State Farm Clermont