Types of Auto Insurance Coverage

There are more drivers hitting the road each year. This could lead to a higher possibility of a car accident for you and your family. If you get in a car accident, the auto insurance you have can make a big difference in what happens next. But why do you need to own insurance and exactly how much should you buy? Coverage requirements vary by state/province, but typically include the following: Liability: This type of insurance can pay for the damage that you are responsible for. These damages might include personal injury, and property damage. If you are sued, this type of insurance will pay for your defense and court costs. State laws typically mandate standard amounts, but higher amounts can be purchased and are usually recommended. Personal Injury Protection: This type of insurance pays for all medical treatment for you and your passengers, no matter who was at fault in the collision. It is mandated in some states and optional in others. It can also pay for lost wages, service replacement and funeral expenses. The minimum amount of this insurance is usually set by the state. Medical Payments: Medical payment coverage can be purchased 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 reasonable medical and funeral expenses for bodily injury from a crash. Collision: Pays for damages to your vehicle caused by an accident. Comprehensive: This type of insurance covers all damages not caused by a collision. This may include weather damage, vandalism, and theft. Uninsured Motorist: If you are hit by an uninsured driver or a hit-and-run driver, this type of insurance will make sure you are covered. Under-Insured Motorist: Pays for collision expenses 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 total amount of the damages. Other types of coverage, such as car rental, can also be purchased. What you pay for car insurance varies by company and will depend on multiple factors, such as: * Which policies you choose * The make and model of the vehicle you own * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Many people consider car insurance to be a necessary evil, but it can save you from a financial dilemma. Review your needs, research your options, and with the support of your insurance agency, choose the option that fits you best. Car Insurance Groveland