Financial Security and Your Homeowners Coverage
insurance Beavercreek OH Every year, more cars and drivers travel the highways. This can lead to a higher possibility of a collision for you and your family. If you get in a car wreck, the car insurance you have can make a big difference in what happens next. So how can you figure out what insurance you need and how much to buy? Your insurance may be able to pay for car crash expenses ranging from car repairs to replacement costs. Making the decision to drive without owning insurance could cause you to repair or replace a stolen or damaged vehicle and pay the cost of any damage that you may have caused. Liability: Personal injury and property damage that you have caused will be covered under liability insurance. If you are sued, it also pays your legal fees. Recommended, more comprehensive levels of liability insurance are available that take care of more than the stripped-down, 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. The minimum amount of personal injury protection is typically set by local government. Medical Payments: Medical payment coverage is available in states that are not considered no-fault and will pay regardless of who is responsible for an accident. All reasonable medical or funeral expenses will be covered under this type of coverage. Collision: Damages resulting from a collision will be covered under this type of insurance. Comprehensive: Cover your vehicle from damages from other sources when you buy this type of insurance. This can include protection from robbery, vandalism, and fire or flood damage. Uninsured Motorist: Pays for repair and replacement costs when someone with insurance is injured in a crash caused by a driver who does not have insurance. Under-Insured Motorist: Many drivers have liability insurance that might not be able to cover all the expenses they are supposed to take care of. This type of insurance protects you in accidents involving those drivers. Other policies, like emergency road service, are also available.