Purchasing Insurance More Than Just Money

Each year, more automobiles and drivers hit America's roads. As this number goes up, the possibility of accidents also goes up. If you get in a car crash, the auto insurance you own can make a big difference in what happens next. But why do you need insurance and exactly how much should you buy? Your car insurance may be able to pay for car crash expenses ranging from car repairs to legal fees. No matter where you are living, you are required to buy some variety of auto insurance. Making the decision to drive without insurance could cause you to repair or replace a stolen or damaged vehicle and pay the cost of any damage that you may have caused. Liability: It pays for the expenses you are responsible for in a car accident, including property damage and injury. It can also cover your defense and court costs if you are sued. Local laws usually mandate minimum amounts of liability insurance, but larger amounts can be purchased and are usually recommended. 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. The minimum amount of this insurance is typically set by the state. Medical Payments: Medical payment coverage is available in non-no-fault states; it will pay regardless of who carries responsibility for a crash. If this type of coverage has been purchased, the insured person will receive coverage for all types of medical and funeral costs. Collision: This pays for damages to your vehicle caused by an accident. Comprehensive: This kind of insurance protection covers any damages not caused by a collision. This could include fire and wind damage, vandalism, and burglary. Uninsured Motorist: This pays for damages when someone with insurance is in an accident caused by a driver who does not have insurance. Under-Insured Motorist: This pays for collision expenses when a driver with insurance is in an accident caused by a driver who does not have enough liability insurance to cover the full cost of the damages. Other kinds of coverage, including emergency road service, can also be purchased. Car Insurance Groveland

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