Insurance and How It Helps You

Renters Insurance Butler PA Each year, more automobiles and drivers are on the roads. As this number goes up, the possibility of accidents also goes up. If you get in a car wreck, the auto insurance you own can make a big difference in how much you have to pay. So how can you find out what insurance you need and how much to buy? Your car insurance may be able to pay for the expenses from a car crash ranging from hospital bills to replacement costs. Your state or province definitely requires some type of auto insurance. Electing to drive without insurance could mean you have to repair or replace a stolen or damaged vehicle or pay the cost of any damage that you may have caused. Liability: Bodily injury and property damage that you are responsible for will be paid for under this type of insurance. If you are sued, it also pays your court costs. Recommended, more comprehensive levels of insurance can be purchased that take care of more than the lower, state-mandated varieties. Personal Injury Protection: Personal injury insurance is required 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 earnings, replacement of services and funeral expenses. The minimum amount of this insurance 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. If this policy is bought, the insured person will receive payment for reasonable medical or funeral expenses. Collision: Pays for damage to your vehicle caused by a collision. Comprehensive: Applies if your vehicle is stolen or damaged by something other than a wreck, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Pays for repair and replacement costs when an insured person is in an accident caused by a driver who does not have liability coverage. Under-Insured Motorist: Similar to uninsured motorist protection, this type of insurance covers you from drivers without sufficient insurance protection. Other kinds of car insurance, such as car rental, can also be purchased. Your auto insurance payments vary by company and will depend on several factors, such as: *Your desired coverage *Your vehicle’s make and model * Whether or not you have been in an accident * Your age, sex and marital status * The place where you live Some drivers may not want to pay for auto insurance, but it is honestly something you don’t want to live without. Review your needs, research your options, and with the guidance of your insurance agency, make the decision that best suits you.