state farm insurance Waverly TN There are more cars on the road each year. With so many vehicles on the road, accidents are going to happen. If you get in a car accident, the car insurance you own can make a large difference in how much you have to pay. But why do you need insurance and exactly how much should you purchase? Coverage requirements will differ by state/province, but usually include the following: Liability: This kind of insurance can pay for the damage that you are responsible for. These damages can include personal injury, and property damage. If you are in legal trouble, it also pays your legal fees. Recommended, more comprehensive levels of insurance can be purchased that take care of more events than the lower, state-mandated varieties. Personal Injury Protection: Personal injury insurance is mandated 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. The minimum amount of this insurance is typically set by the state. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault; it pays regardless of who may be responsible. If you purchase this type of coverage, you will receive payment for all types of medical or funeral costs. Collision: Pays for damage to your car caused by an accident. Comprehensive: This applies if your car is stolen or damaged by causes other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Pays for repair and replacement costs when an insured person is injured in a crash caused by a driver who does not have insurance. Under-Insured Motorist: Just like uninsured motorist protection, this kind of insurance protects you against drivers without sufficient insurance protection. Emergency road service, car rental, and other types of car insurance can also be purchased. What you pay for auto insurance varies by company and will depend on several factors, such as: * Which policies you choose * The make and model of the car you drive * Your driving record * Your age, gender and marital status * The place where you live Don’t wait around to buy car insurance; you shouldn’t drive a car without it. Review your needs, research your options, and with the guidance of your insurance agency, make the decision that best suits you.