There are more cars and drivers on the road each year. As this number goes up, the chances of a car collision will also go up. Automobile insurance can be the difference between a minor inconvenience and a major trial. But why do you need insurance and just how much should you purchase? Car insurance provides you with protection from paying for injury or damage you inflict on others while driving your car, damage to your car or injury to you or your passengers from an accidents, plus certain other incidents, such as burglary. Auto insurance is mandated by state law. Choosing to drive without owning insurance could mean you have to repair or replace a stolen or damaged vehicle or pay the cost of all the damage that you may have caused. Liability: Personal injury and property damage that you have caused will be paid for under this type of insurance. Bodily injury damages include medical fees, and lost wages. Property damage can refer to car repair costs and loss of property use. If you are sued, it also pays your court costs. State laws usually require minimum amounts, but higher amounts are available and extremely helpful. Personal Injury Protection: Personal injury protection pays for the medical treatment for you or your passengers, regardless of who was at fault in the accident. It is occasionally referred to as no-fault coverage. It may also cover lost earnings, replacement of services and funeral expenses. State law usually sets minimum amounts. Medical Payments: This type of coverage is available in non-no-fault states and will pay no matter who is responsible for the accident. All necessary medical or funeral expenses will be covered under this insurance policy. Collision: Pays for damage to your car caused by a collision. Comprehensive: Cover your car from damages from other sources when you buy this type of coverage. This can include protection from burglary, vandalism, and fire or flood damage. Uninsured Motorist: If you are in an accident with a driver without insurance, this type of insurance coverage will protect you. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance protects you against people driving without sufficient insurance protection. Other kinds of car insurance, like car rental, can also be purchased. State Farm Clermont
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