The amount of drivers on the road increases each and every year. With countless vehicles on the road, accidents are going to happen.
Car insurance can be the difference between a small setback and a major trial. So how do you know what insurance you need and how much to buy? Coverage requirements vary by state/province, but usually include the following: Liability: This type of insurance coverage can pay for the damage that you have caused. These damages may include bodily injury, and property damage. Bodily injury damages include medical fees, and lost wages. Property damage includes car repair costs or loss of property use. It also covers your legal fees if you are sued.
Recommended, more comprehensive levels of liability insurance are available that cover more than the lower, state-mandated insurance. Personal Injury Protection: Personal injury protection pays for hospital bills and other medical treatment for you and other people in your car, no matter who was at fault in the accident. It is sometimes called no-fault coverage. It may also pay for lost earnings, service replacement and funeral expenses. The minimum amount of personal injury protection is usually set by local government. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. This insurance will pay for an insured person’s necessary medical and funeral expenses for bodily injury from an accident. Collision: Damages that occur from a car accident will be paid for under this type of insurance. Comprehensive: Cover your car from all non-collision damages when you buy this type of coverage. This can include protection from burglary, vandalism, and weather damage. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance coverage will make sure you are covered. Under-Insured Motorist: This pays for damages when a driver with insurance is injured in an accident caused by another person who does not have enough liability insurance to pay for the full amount of the damages.
Other kinds of car insurance, including emergency road service, can also be purchased. What you pay for auto 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, sex and marital status * The place where you live Many people think of auto insurance as a necessary evil, but it can save you from a financial dilemma. Review your needs, research your options, and with the help of your insurance agent, make the decision that best suits you. Renters Insurance Gretna NE