Every year, more cars and drivers hit the roads. This can lead to a higher possibility of a car accident. The difference between a little bother and large obstacle can be automobile insurance. But why do you need insurance and just how much do you need? Car crashes can result in many different expenses, which your insurance might be able to pay for based on the type of coverage you own. Deciding to drive without insurance could cause you to repair or replace a stolen or damaged vehicle and pay the cost of all the damage that you may have caused.
Liability: It pays for expenses due to bodily injury and property damage to others where you are responsible. Bodily injury damages include medical expenses, lost wages, and pain and suffering. Property damage includes damaged property or loss of property use. It can also cover your defense and court costs if you are sued. Local laws typically mandate standard amounts, but higher amounts can be purchased and are usually recommended.
Personal Injury Protection: This type of insurance pays for all medical treatment for you and other people in your car, regardless of who was responsible for the collision. It is mandated in some states and optional in others. The minimum amount of personal injury protection is typically set by local government.
Medical Payments: Medical payment coverage can be purchased in non-no-fault states and will pay no matter who is responsible for the accident. All necessary medical or funeral expenses will be covered under this insurance policy.
Collision: This pays for damages to your car caused by a collision.
Comprehensive: This applies if your car is stolen or damaged by causes other than an accident, including fire, wind, hail, flood or vandalism.
Uninsured Motorist: Thousands of drivers are breaking the law by driving without owning the proper amount of auto insurance. This insurance will protect you if one of these irresponsible drivers hit you.
Under-Insured Motorist: There are other drivers who have liability insurance that might not be able to pay for 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.