We see more cars on the road each year. With so many vehicles on the road, accidents will happen. If you get in a car wreck, the auto insurance you have can make a big difference in how much you have to pay. But why is insurance required by law and just how much should you get? Auto insurance protects you by paying for damage caused to your vehicle or someone else’s vehicle and injury to other people, yourself, or passengers in your car, and certain other situations, such as robbery.
Car insurance is required by state law. Electing to drive without owning insurance could mean you have to repair or replace a stolen or damaged vehicle and pay the cost of any damage for which you might be responsible. Liability: Pays for the expenses you have caused to others in a car accident, including property damage and injury. Damages from bodily injury can include medical fees, lost wages, and pain and suffering. Property damage can refer to car repair costs and loss of use of property. It can also cover your defense and court costs if you are sued.
State laws typically mandate standard amounts of liability insurance, but larger amounts can be purchased and are very beneficial. 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. It can also pay for lost wages, replacement of services and funeral costs. State government typically sets minimum amounts. Medical Payments: This coverage can be purchased in non-no-fault states; it will pay despite who carries responsibility for a collision. All necessary medical or funeral expenses will be covered under this type of coverage. Collision: Damages that occur from a car accident will be covered under this type of insurance. Comprehensive: This type of insurance protection covers all non-collision damages. This may include hail damage, vandalism, and robbery. Uninsured Motorist: Too many drivers are ignoring the law by driving without owning the right amount of car insurance. This insurance will cover you if you are in an accident with one of these drivers. Under-Insured Motorist: Many drivers have liability insurance that can’t pay for all the expenses they are responsible for. Under-insured motorist coverage covers you in accidents involving those drivers.
Other kinds of car insurance, including emergency road service, are also available. Your car insurance payments varies based on the company and will depend on multiple factors, such as: *Your selected coverage *Your vehicle’s make and model * Your driving record * Your age, sex and marital status * Where you live Some people 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 help of your insurance agency, choose the option that best suits you. Home Insurance Burlington