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Financial Security and Your Homeowners Policy

There are more cars and drivers on the road every year. This could lead to a higher possibility of a car accident for you and your family. The difference between a small aggravation and large obstacle can be car insurance. But why do you need to own insurance and just how much should you purchase? Coverage requirements vary by state/province, but usually include the following: Liability: Pays for damages due to bodily injury and damage to property where you are responsible. It can also cover your legal fees if you are sued. Recommended, more comprehensive levels of liability insurance can be purchased that take care of more than the stripped-down, state-mandated varieties. Personal Injury Protection: Personal injury protection pays for the medical treatment for you and other people in your car, regardless of who was at fault in the crash. It is mandated in some states and optional in others. The minimum amount of this insurance is usually set by the state. Medical Payments: This coverage is available in states that are not considered no-fault; it will pay regardless of who may have been at fault. All necessary medical or funeral expenses will be paid for under this type of coverage. Collision: This pays for damage to your vehicle caused by an accident. Comprehensive: This type of insurance protection takes care of all damages not caused by a collision. This may include weather damage, vandalism, and burglary. Uninsured Motorist: This pays for damages when someone with insurance is injured in an accident caused by a driver who does not have insurance. 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 covers you from those drivers. Other policies, such as car rental, are also available. Your car insurance payments vary by company and will depend on multiple factors, including: * What coverage you choose * The type of the vehicle you drive * Your driving record * Your age, sex and marital status * Where you live Some people have come to think of car insurance as a necessary evil, but it can truly save you from a financial disaster. Review your needs, do your research , and with the guidance of your insurance agent, choose the option that fits you best. State Farm Clermont