Financial Security and Your Home Insurance Policy

Every year, more cars and drivers hit the highways. This could lead to a higher possibility of a collision. Automobile insurance can make the difference between a minor setback and a major hassle. But why is insurance important and just how much do you need? Your insurance may be able to pay for the expenses from a car crash ranging from car repairs to legal fees. Every state and province requires auto insurance by law. By not purchasing insurance, you run the risk of having to pay the total cost of the harm or injury you cause others. Liability: Pays for damages due to bodily injury and damage to property when you are responsible. If you are sued, liability insurance will pay for your legal fees. State laws usually require standard amounts, but larger amounts can be purchased and are usually recommended. Personal Injury Protection: This type of insurance pays for the medical treatment for you and other people in your car, no matter who was responsible for the accident. It is required in some states and optional in others. This insurance may also cover lost earnings, service replacement and funeral expenses. State government usually 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. All necessary medical or funeral expenses will be paid for under this insurance policy. Collision: Damages that occur from a collision will be paid for under this kind of insurance. Comprehensive: Applies if your car is stolen or damaged by something other than a collision, including weather damage or vandalism. Uninsured Motorist: If you are in an accident with an uninsured driver, this type of insurance will protect you. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance protects you against people driving without enough insurance protection. Other types of car insurance, such as car rental, can also be purchased. What you pay for car insurance varies based on the company and will depend on multiple factors, such as: *Your selected coverage *Your vehicle's make and model * Your driving record * Your age, sex and marital status * Where you live Some people have consider car insurance as a necessary evil, but it can truly save you from a financial disaster. Evaluate your needs, research your options, and with the help of your insurance agency, choose the option that fits you best. Golf Cart Insurance Clermont

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