Karen Knowler Blog

Purchasing Homeowners Insurance More Than Just Money

The number of drivers on the road increases each and every year. With the increasing number of vehicles on the road, accidents will happen. Automobile insurance can make the difference between a minor inconvenience and a major trial. So how can you figure out what insurance you need and how much you should buy? Mandated coverage varies by state/province but usually includes the following: Liability: Personal injury and property damage that you are responsible for will be covered under liability insurance. Damages from bodily injury include medical expenses, lost wages, and pain and suffering. Property damage includes car repair costs or loss of property use. It also covers your legal fees if you are sued. Local laws usually require standard amounts of liability insurance, but higher amounts can be purchased and are extremely helpful. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you and other people in your car, no matter who was responsible for the accident. It is mandated in some states and optional in others. It can also pay for lost wages, replacement of services and funeral costs. The minimum amount of this insurance is usually set by the state. Medical Payments: Medical payment coverage is available in non-no-fault states and will pay no matter who is responsible for the accident. It pays for all insured person's reasonable and necessary medical and funeral expenses resulting from an accident. Collision: Damages resulting from a collision will be covered under this type of car insurance. Comprehensive: This type of insurance protection covers all damages not caused by a collision. This could include weather damage, vandalism, and burglary. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance will make sure you are covered. Under-Insured Motorist: This pays for collision expenses when an insured person is injured in a crash caused by another person who does not have enough liability insurance to pay for the total cost of the damages. Other policies, including car rental, are also available. Car Insurance Quotes Clermont