Financial Security and Your Home Insurance Policy

There are more drivers on the road every year. As this number increases, the possibility of accidents also increases. Car insurance can make the difference between a small inconvenience and a major hassle. So how do you know which type of insurance you need and how much to buy? Required coverage varies by state/province but typically includes the following: Liability: Personal injury and property damage that you have caused will be covered under liability insurance. It also covers your legal fees if you are sued. Recommended, more comprehensive levels of liability insurance can be purchased that take care of more events than the stripped-down, state-mandated insurance. Personal Injury Protection: Personal injury insurance 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. It can also cover lost wages, service replacement and funeral expenses. Local government typically sets minimum amounts. Medical Payments: Medical payment coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. It pays for an insured person's necessary medical or funeral expenses for bodily injury from a crash. Collision: Damages that occur from a car accident will be covered under this type of car insurance. Comprehensive: Applies if your car is stolen or damaged by causes other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Too many drivers are breaking the law by driving without purchasing the proper amount of insurance. This type of coverage will protect you if one of these irresponsible drivers hit you. 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 covers you from those drivers. Other types of coverage, like emergency road service and car rental, can also be purchased. Golf Cart Insurance Clermont