condo insurance Knoxville IA There are more cars hitting the road every year. With countless vehicles on the road, crashes will happen. The difference between a little aggravation and major obstacle can be automobile insurance. So how can you find out what insurance you need and how much to buy? Insurance requirements will differ by state/province, but typically include the following: Liability: This type of insurance will pay for the damage that you have caused. These damages can include bodily injury, and property damage. If you are sued, liability insurance will pay for your defense and court costs. Recommended, higher levels of insurance can be purchased that cover more than the lower, state-mandated insurance. Personal Injury Protection: Personal injury insurance is mandated 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 wages, service replacement and funeral costs. State government typically sets minimum amounts. Medical Payments: This coverage is available in states that are not considered no-fault; it pays despite who may be responsible. All necessary medical or funeral expenses will be paid for under this insurance policy. Collision: Damages resulting from a car accident will be paid for under this type of insurance. Comprehensive: This type of insurance protection covers any non-collision damages. This could include flood damage, vandalism, and robbery. Uninsured Motorist: Thousands of drivers are breaking the law by driving without purchasing the right amount of car insurance. This type of coverage will protect you if one of these irresponsible drivers hit you. Under-Insured Motorist: Many drivers have liability insurance that can’t cover all the expenses they are responsible for. This type of insurance covers you in accidents involving those drivers. Emergency road service, car rental, and other varieties of coverage can also be purchased. What you pay for auto insurance varies based on the company and will depend on several factors, including: * Which policies you choose * The make and model of the car you drive * Your driving record * Your age, sex and marital status * Where you live Many people think they can get by without car insurance, but it is honestly something you don’t want to live without. Evaluate your needs, do your research , and with the guidance of your insurance agency, choose the option that fits you best.
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