insurance company Laveen AZ There are more cars and drivers on the road every year. As this number increases, the possibility of accidents also increases. The difference between a little aggravation and major pain can be the car insurance you own. So how can you find out what type of car insurance you need and how much to buy? Car accidents can lead to a variety of different expenses, which your car insurance can pay for based on the insurance policy you own. Automobile insurance is mandated by law in all states and provinces. Electing 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 for which you might be responsible. Liability: This type of insurance will pay for the damage that you are responsible for. These damages might include bodily injury, and property damage. If you are sued, it also pays your legal fees. Recommended, higher levels of insurance are available that cover more than the stripped-down, state-mandated insurance. Personal Injury Protection: This 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. It may also pay for lost earnings, service replacement and funeral expenses. The minimum amount of personal injury protection is typically set by the state. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault; it pays despite who carries responsibility for a collision. If this policy is purchased, the insured person will receive payment for all types of medical or funeral expenses. Collision: Pays for damage to your vehicle caused by an accident. Comprehensive: This type of insurance protection takes care of any non-collision damages. This may include fire damage, vandalism, and burglary. Uninsured Motorist: If you are hit by an uninsured driver, this type of insurance will make sure you are covered. Under-Insured Motorist: Many drivers have liability insurance that might not be able to pay for all the expenses they are supposed to take care of. This type of insurance protects you in accidents involving those drivers. Other policies, like car rental, are also available.
↧