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Buying Insurance About More Than Money

There are more drivers on the road every year. With countless vehicles on the road, crashes will happen. The difference between a small aggravation and large pain can be car insurance. But why is insurance important and just how much do you need? Your car insurance may be able to pay for car crash expenses ranging from car repairs to legal fees. By not purchasing insurance, you risk having to pay the total cost of any harm or injury you cause others or to repair or replace your vehicle if it is damaged or stolen. Liability: This type of insurance will pay for the damage that you are responsible for. These damages can include personal injury, and property damage. If you are sued, it also pays your legal fees. Local laws usually mandate minimum amounts of liability insurance, but higher amounts can be purchased and are extremely helpful. Personal Injury Protection: Personal injury insurance is mandated in some states and is optional in others. It pays you or your passengers for medical treatment resulting from a crash, regardless of who may have been at fault, and is often called no-fault coverage. It may also cover lost earnings, replacement of services and funeral expenses. Local government usually sets minimum amounts. Medical Payments: This type of coverage can be purchased 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 paid for under this insurance coverage. Collision: Pays for damages to your vehicle caused by an accident. Comprehensive: This type of insurance takes care of any non-collision damages. This could include flood damage, vandalism, and robbery. Uninsured Motorist: Pays for damages when someone with insurance is injured in an accident caused by another person who does not have insurance. Under-Insured Motorist: Pays for damages when a driver with insurance is injured in an accident caused by another person who does not have enough liability insurance to cover the total cost of the damages. Other policies, like car rental and emergency road service, are also available. What you pay for car insurance varies by company and will depend on multiple factors, such as: *Your desired coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * Where you live Some people have consider car insurance as a necessary evil, but it is something you will need if you are ever in an accident. Review your needs, research your options, and with the help of your insurance agency, make the decision that fits you best. Car Insurance Groveland