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Buying Insurance About More Than Money

There are more drivers hitting the road every year. As this number increases, the possibility of accidents also increases. Car insurance can be the difference between a small setback and a major trial. But why do you need insurance and just how much should you buy? Coverage requirements will differ by state/province, but usually include the following: Liability: Liability pays for the expenses you are responsible for in a car collision, including injury and property damage. Damages from bodily injury include medical fees, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of use of property. It also covers your legal fees if you are sued. State laws usually mandate minimum amounts of liability insurance, but larger amounts can be purchased and are extremely helpful. Personal Injury Protection: This type of insurance pays for all medical treatment for you or other people in your car, regardless of who was responsible for the accident. It is commonly referred to as no-fault coverage. It can also pay for lost wages, service replacement and funeral expenses. State law usually sets minimum amounts. Medical Payments: Medical payment coverage is available in states that are not considered no-fault and will pay no matter who is responsible for the accident. All reasonable medical or funeral expenses will be covered under this insurance coverage. Collision: Damages that occur from a car accident will be covered under this kind of car insurance. Comprehensive: Applies if your car is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Too many drivers are ignoring the law by driving a car without purchasing the right amount of car insurance. This type of coverage will protect you if one of these drivers hit you. Under-Insured Motorist: Similar to uninsured coverage, this kind of insurance protects you against people driving without sufficient insurance coverage. Other types of coverage, like emergency road service and car rental, can also be purchased. Golf Cart Insurance Clermont