condo insurance Bryan TX There are more cars and drivers hitting the road each year. This could lead to an increased likelihood of a collision for you and your family. The difference between a little aggravation and large obstacle can be your insurance. How can you decide what insurance you need and how you can purchase it? Car insurance protects you by paying for injury or damage you cause others while you are driving, damage to your car or personal injury or injury to your passengers from an accidents, plus specific other incidents, such as burglary. Your state or province certainly requires some type of auto insurance. Without insurance, you run the risk of having to pay the total price of any harm or injury you cause others or to repair or replace your car if it is damaged or stolen. Liability: Bodily injury and property damage that you have caused will be paid for under this type of insurance. It can also cover your defense and court costs if you are sued. State laws usually require minimum amounts, but higher amounts are available and usually recommended. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you or your passengers, no matter who was responsible for the accident. It is commonly referred to as no-fault coverage. This insurance may also pay for lost earnings, replacement of services and funeral expenses. State government usually sets minimum amounts. Medical Payments: This coverage is available 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 or funeral expenses. Collision: This pays for damage to your car caused by a collision. Comprehensive: Protect your car from damages from other sources by purchasing this type of coverage. This may include protection from burglary, vandalism, and fire or flood damage. Uninsured Motorist: This pays for damages when an insured person is in an accident caused by another person who does not have liability coverage. Under-Insured Motorist: Just like uninsured coverage, this type of insurance protects you against drivers without enough insurance coverage. Other types of coverage, like car rental and emergency road service, are also available. What you pay for auto insurance varies by company and will depend on several factors, including: *Your desired coverage *Your vehicle’s make and model * Whether or not you have been in an accident * Your age, gender and marital status * Where you live Many people consider auto insurance to be a necessary evil, but it can save you from a financial crisis. Review your needs, research your options, and with the guidance of your insurance agency, choose the option that fits you best.
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