Financial Security and Your Homeowners Coverage

Every year, more cars and drivers hit our roads and freeways. This could lead to an increased likelihood of a collision for you and your family. Automobile insurance can make the difference between a minor inconvenience and a major trial. How can you determine what insurance you need and how you can buy it? Your car insurance may be able to pay for car crash expenses ranging from hospital bills to replacement costs. Every state and province mandates automobile insurance by law. Deciding to drive without owning insurance could mean you have to repair or replace a stolen or damaged vehicle and pay the cost of all the damage that you may have caused. Liability: Personal injury and property damage that you are responsible for will be covered under this type of insurance. If you are sued, this type of insurance will pay for your court costs. Recommended, more comprehensive levels of liability insurance can be purchased that cover more than the lower, state-mandated varieties. Personal Injury Protection: This is mandated in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. It may also cover lost earnings, service replacement and funeral costs. The minimum amount of this insurance is usually set by the state. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. All reasonable medical or funeral expenses will be paid for under this insurance policy. Collision: Pays for damages to your car caused by an accident. Comprehensive: Protect your car from all non-collision damages by purchasing this type of coverage. This can include protection from robbery, vandalism, and fire or flood damage. Uninsured Motorist: Many drivers are ignoring the law by driving without purchasing the right amount of car insurance. This type of coverage will cover you if one of these irresponsible drivers hit you. Under-Insured Motorist: Similar to uninsured coverage, this type of insurance protects you against drivers without sufficient insurance protection. Other kinds of car insurance, such as emergency road service, can also be purchased. What you pay for car insurance varies based on the company and will depend on several factors, including: * Which policies you select * The type of the car you own * Your driving record * Your age, gender and marital status * The place where you live Many people consider car insurance to be a necessary evil, but it can rescue your finances. Review your needs, do your research , and with the support of your insurance agency, make the decision that fits you best. Car Insurance Quotes Clermont