Financial Security and Your Insurance Policy

Each year, more cars and drivers are on the highways. With the increasing number of vehicles on the road, accidents will happen. Automobile insurance can be the difference between a small inconvenience and a large hassle. So how do you know what insurance you need and the quantity you should buy? Your car insurance may be able to pay for the expenses from a car crash ranging from car repairs to legal fees. Without insurance, you risk having to pay the full price of the harm or injury you cause others. Liability: Bodily injury and property damage that you are responsible for will be paid for under this type of insurance. Bodily injury damages can include medical fees, and lost wages. 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 typically mandate minimum amounts of liability insurance, but larger amounts are available and very beneficial. Personal Injury Protection: This is required 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. This insurance can also cover lost wages, replacement of services and funeral costs. The minimum amount of personal injury protection is typically set by the state. Medical Payments: This coverage is available in non-no-fault states; it will pay regardless of who may have been at fault. If this policy has been purchased, the insured person will receive coverage for reasonable medical or funeral costs. Collision: Damages that occur from a collision will be paid for under this type of car insurance. Comprehensive: Cover your car from all non-collision damages when you buy this type of insurance. This may include protection from robbery, vandalism, and fire or flood damage. Uninsured Motorist: This pays for repair and replacement costs when an insured person is injured in an accident caused by another person who does not have liability coverage. Under-Insured Motorist: There are other drivers who have liability insurance that can't cover all the expenses they are responsible for. This type of insurance protects you from those drivers. Emergency road service, car rental, and other types of car insurance can also be purchased. Your auto insurance payments vary by company and will depend on multiple factors, including: *Your selected coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Don't wait around to buy auto insurance; you should never drive a car without it. Evaluate your needs, do your research , and with the help of your insurance agent, choose the option that best suits you. Golf Cart Insurance Clermont

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