The WideRanging Benefits of Your Insurance Coverage
- 7 30, 2016
- |Car and Motorcycle Insurance
- No Comments
There are more cars on the road every year. This can lead to a higher possibility of a collision for you and your family. Car insurance can make the difference between a small setback and a major trial. How can you determine what insurance you need and how to purchase it? Insurance requirements will differ by state/province, but typically include the following: Liability: Pays for the expenses you are responsible for in a car collision, including injury and property damage. If you are sued, it also pays your legal fees. Recommended, higher levels of insurance are available that cover more than the lower, state-mandated insurance. Personal Injury Protection: This type of insurance pays for the medical treatment for you or your passengers, no matter who was responsible for the collision. It is mandated in some states and optional in others. The minimum amount of personal injury protection is typically set by the state. Medical Payments: This coverage is available in states that are not considered no-fault; it pays regardless of who may have been at fault. If this type of coverage is bought, the insured person will receive coverage for reasonable medical or funeral costs. Collision: Damages resulting from a collision will be covered under this type of insurance. Comprehensive: This type of insurance covers all damages not caused by a collision. This could include flood damage, vandalism, and robbery. Uninsured Motorist: If you are hit by a driver without insurance or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: Many drivers have liability insurance that might not be able to cover all the expenses they are supposed to take care of. Under-insured motorist coverage covers you in accidents involving those drivers. Other policies, like emergency road service, are also available. What you pay for auto insurance varies based on the company and will depend on multiple factors, such as: *Your selected coverage *Your vehicle's make and model * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Some have come to think of auto insurance as a necessary evil, but it is something you will need if you are ever in an accident. Review your needs, do your research , and with the support of your insurance agency, choose the option that fits you best. Car Insurance Groveland