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Financial Security and Your Home Insurance Policy

There are more cars and drivers hitting the road each year. With countless vehicles on the road, accidents can happen. The difference between a little aggravation and large obstacle can be automobile insurance. So how do you know what insurance you need and how much you should buy? Required coverage varies based on the state/province but usually includes the following: Liability: This kind of insurance coverage will pay for the damage that you are responsible for. These damages can include bodily injury, and property damage. Damages from bodily injury can include medical fees, and lost wages. Property damage includes damaged property or loss of property use. If you are sued, it also pays your defense and court costs. State laws usually require standard amounts, but larger 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 other people in your car, no matter who was at fault in the crash. It is mandated in some states and optional in others. The minimum amount of personal injury protection is typically set by the state. Medical Payments: Medical payment coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. All necessary medical or funeral expenses will be covered under this type of policy. Collision: Damages resulting from a collision will be covered under this kind of car insurance. Comprehensive: This applies if your vehicle is stolen or damaged by something other than an accident, including weather damage or vandalism. Uninsured Motorist: Pays for damages when someone with insurance is injured in an accident caused by another person who does not have liability coverage. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance covers you from people driving without sufficient insurance protection. Other kinds of coverage, including emergency road service, can also be purchased. What you pay for car insurance varies based on the company and will depend on several factors, such as: * Which policies you choose * The make and model of the vehicle you drive * Your driving record * Your age, sex and marital status * The place where you live Many people consider car insurance to be a necessary evil, but it can rescue your finances. Review your needs, research your options, and with the support of your insurance agency, choose the option that best suits you. State Farm Agent Clermont