You will see more and more cars on the road every year. This can lead to a higher possibility of a collision. Automobile insurance can make the difference between a minor setback and a major trial. So how can you find out what type of car insurance you need and how much to buy? Your insurance may be able to pay for car crash expenses ranging from car repairs to legal fees. Car insurance is required by state law. Making the decision to drive without insurance could mean you have to repair or replace a stolen or damaged vehicle or pay the cost of any damage for which you might be responsible. Liability: Liability pays for the expenses you are responsible for in a car collision, including injury and property damage. Bodily injury damages include medical expenses, lost wages, and pain and suffering. Property damage includes car repair costs or loss of use of property. If you are sued, liability insurance will pay for your court costs. Recommended, more comprehensive levels of liability insurance are available that cover more events than the stripped-down, state-mandated insurance. Personal Injury Protection: Personal injury insurance is required 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. This insurance may also pay for lost wages, replacement of services and funeral costs. State government typically sets minimum amounts. Medical Payments: Medical payment coverage is available in non-no-fault states; it will pay despite who may have been at fault. All necessary medical or funeral expenses will be paid for under this type of policy. Collision: This pays for damage to your car caused by a collision. Comprehensive: This kind of insurance protection covers all non-collision damages. This may include hail damage, vandalism, and burglary. Uninsured Motorist: If you are in an accident with a driver without insurance or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: Many drivers have liability insurance that can’t pay for all the expenses they are responsible for. Under-insured motorist coverage protects you in accidents involving those drivers. Emergency road service, car rental, and other types of coverage can also be purchased. What you pay for car insurance varies based on the company and will depend on multiple factors, including: *Your selected coverage *Your vehicle’s make and model * Your driving record * Your age, gender and marital status * Where you live Some drivers don’t want to pay for car insurance, but it is truly something you don’t want to live without. Review your needs, do your research , and with the guidance of your insurance agency, choose the option that fits you best. Home Insurance Pomona CA
↧