State Farm Insurance Guthrie OK We see more and more drivers on the road every year. This could lead to an increased likelihood of a collision. Automobile insurance can make the difference between a minor inconvenience and a large trial. So how can you find out what insurance you need and the quantity you should purchase? Car accidents can lead to many different expenses, which can all be paid for based on the insurance policy you own. Every state or province mandates car insurance by law. Choosing to drive without insurance could cause you to repair or replace a stolen or damaged vehicle and pay the cost of all the damage that you may have caused. Liability: Pays for expenses due to personal injury and property damage to others where you are responsible. Bodily injury damages include medical fees, and lost wages. Property damage can refer to damaged property or loss of property use. If you are sued, it also pays your legal fees. Local laws usually mandate standard amounts, but larger amounts are available and usually recommended. Personal Injury Protection: This is required in some states and is optional in others. It pays you or your passengers for medical treatment resulting from a crash, regardless of who may have been at fault, and is often called no-fault coverage. This insurance may also cover lost earnings, service replacement and funeral costs. Local government usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in non-no-fault states; it pays regardless of who may be responsible. If you purchase this type of coverage, you will receive payment for reasonable medical and funeral costs. Collision: Damages that occur from a collision will be covered under this kind of insurance. Comprehensive: This applies if your vehicle is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Thousands of drivers are breaking the law by driving a car without owning the proper amount of auto insurance. This type of coverage will protect you if one of these irresponsible drivers hit you. Under-Insured Motorist: Pays for damages when an insured person is in an accident caused by another person who does not have the right amount of insurance to cover the total amount of the damages. Emergency road service, car rental, and other varieties of coverage can also be purchased. What you pay for car insurance varies by company and will depend on multiple factors, including: * What coverage you choose * The type of the vehicle you drive * Your driving record * Your age, gender and marital status * Where you live Don’t wait around to buy auto insurance; you should never drive a car without it. Review your needs, do your research , and with the guidance of your insurance agent, choose the option that fits you best.
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