home insurance McComb MS There are more drivers hitting the road every year. With the increasing number of vehicles on the road, accidents can happen. The difference between a little aggravation and large obstacle can be your insurance. But why do you need to own insurance and exactly how much should you purchase? Mandated coverage varies based on the state/province but typically includes the following: Liability: Liability pays for damages due to personal injury and damage to property that you are responsible for. Bodily injury damages can include medical fees, lost wages, and pain and suffering. Property damage can refer to car repair costs or loss of use of property. If you are in legal trouble, it also pays your court costs. Recommended, higher levels of liability insurance can be purchased that cover more events than the stripped-down, state-mandated varieties. Personal Injury Protection: Personal injury insurance is mandated in some states and is optional in others. Sometimes referred to as no-fault coverage, this pays the medical treatment for you or your passengers regardless of who was at fault. The minimum amount of personal injury protection is typically set by local government. Medical Payments: This coverage is available in non-no-fault states; it will pay despite who carries responsibility for a collision. All reasonable medical or funeral expenses will be paid for under this type of policy. Collision: This pays for damages to your car caused by a collision. Comprehensive: Protect your car from damages from other sources by purchasing this type of insurance. This includes protection from theft, vandalism, and fire or flood damage. Uninsured Motorist: If you are in an accident with an uninsured driver, this type of insurance will protect you. Under-Insured Motorist: Many drivers have liability insurance that might not be able to pay for all the expenses they are responsible for. This type of insurance covers you in accidents involving those drivers. Other kinds of car insurance, including emergency road service, are also available. Your car insurance payments vary by company and will depend on several factors, such as: * Which policies you select * The type of the car you drive * Your driving record * Your age, sex and marital status * The place where you live Don’t wait around to buy auto insurance; you shouldn’t drive a car without it. Review your needs, do your research , and with the support of your insurance agency, make the decision that best suits you.
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