Buying Homeowners Insurance More Than Just Money

Written by admin July 23rd, 2014

Car Insurance 94903 We see more cars on the road every year. As this number goes up, the chances of a car collision will also increase. If you get in [...]

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Car Insurance 94903 We see more cars on the road every year. As this number goes up, the chances of a car collision will also increase. If you get in a car accident, the auto insurance you have can make a large difference in the experience you have. So how can you find out what type of car insurance you need and the quantity you should buy? Mandated coverage varies by state/province but usually includes the following: Liability: Bodily injury and property damage that you have caused will be paid for under liability insurance. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage includes damaged property and loss of property use. If you are in legal trouble, it also pays your legal fees. State laws usually require standard amounts, but larger amounts are available and very beneficial. Personal Injury Protection: Personal injury insurance is mandated 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. It may also pay for lost earnings, service replacement and funeral expenses. State government usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault; it will pay regardless of who carries responsibility for a collision. All necessary medical or funeral expenses will be covered under this type of coverage. Collision: Pays for damages to your car caused by an accident. Comprehensive: Protect your car from damages from other sources by purchasing this type of insurance. This may include protection from robbery, vandalism, and fire or flood damage. Uninsured Motorist: If you are hit by a driver without insurance or a hit-and-run driver, this type of insurance coverage will protect you. Under-Insured Motorist: Pays for damages when a driver with insurance is injured in an accident caused by another person who does not have the right amount of insurance to pay for the total cost of the damages. Other kinds of coverage, like emergency road service, are also available.

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