Financial Security and Your Home Insurance Coverage

You will see more and more cars on the road each year. As this number goes up, the possibility of accidents also goes up. If you get in a car accident, the car insurance you own can make a large difference in the experience you have. But why is insurance necessary and just how much should you buy? Insurance requirements will differ by state/province, but typically include the following: Liability: It pays for damages due to bodily injury and property damage to others where you are responsible. It can also cover your defense and court costs if you are sued. Recommended, more comprehensive levels of insurance can be purchased that cover more than the lower, state-mandated insurance. Personal Injury Protection: Personal injury protection pays for all medical treatment for you or other people in your car, no matter who was at fault in the collision. It is commonly referred to as no-fault coverage. It may also pay for lost earnings, service replacement and funeral costs. Local government typically 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. This insurance will pay for all insured person's necessary medical or funeral expenses resulting from an accident. Collision: Pays for damages to your car caused by a collision. Comprehensive: Applies if your car is stolen or damaged by causes other than an accident, including weather damage or vandalism. Uninsured Motorist: Pays for damages when an insured person is injured in a crash caused by a driver who does not have insurance. Under-Insured Motorist: Pays for damages when a driver with insurance is injured in a crash caused by a driver who does not have the right amount of insurance to pay for the full amount of the damages. Emergency road service, car rental, and other types of coverage can also be purchased. Your car insurance payments varies based on the company and will depend on multiple factors, including: * What coverage you select * The make and model of the car you own * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Some have come to think of car insurance as a necessary evil, but it is something you will need if you are ever in an accident. Evaluate your needs, research your options, and with the guidance of your insurance agent, choose the option that fits you best. Auto Insurance Quotes Clermont

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