Category Archive: Insurance

life insurance Carrollton GA There are more drivers hitting the road each year. With the increasing number of vehicles on the road, accidents will happen. If you get in a car accident, the auto insurance you own can make a big difference in how much you have to pay. But why do you need to own insurance and exactly how much should you buy? Required coverage varies by state/province but usually includes the following: Liability: Pays for expenses due to bodily injury and damage to property that you are responsible for. If you are in legal trouble, it also pays your defense and court costs. Recommended, more comprehensive levels of liability insurance can be purchased that cover more than the stripped-down, state-mandated varieties. Personal Injury Protection: Personal injury insurance is required 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. The minimum amount of personal injury protection is usually set by the state. 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 type of coverage has been purchased, the insured person will receive coverage for necessary medical or funeral expenses. Collision: Pays for damages to your car caused by a collision. Comprehensive: Cover your car from damages from other sources by purchasing this type of insurance. This can include protection from theft, 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 make sure you are covered. Under-Insured Motorist: Many drivers have liability insurance that might not be able to pay for all the expenses they are supposed to take care of. Under-insured motorist coverage covers you from those drivers. Other kinds of coverage, such as emergency road service, are also available.

life insurance Jacksonville AR You will see more cars on the road every year. With the increasing number of vehicles on the road, crashes can happen. If you get in a car wreck, the auto insurance you own can make a big difference in how much you have to pay. But why is insurance important and just how much should you buy? Insurance requirements will differ by state/province, but usually include the following: Liability: Bodily injury and property damage that you have caused will be covered under this type of insurance. If you are in legal trouble, this type of insurance can pay for your legal fees. Recommended, higher levels of insurance can be purchased that take care of more than the stripped-down, state-mandated insurance. 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 may also cover lost wages, replacement of services and funeral costs. The minimum amount of this insurance is usually set by local government. Medical Payments: This coverage is available in non-no-fault states; it will pay despite who carries responsibility for a collision. It pays for all insured person’s necessary medical and funeral expenses for bodily injury from a crash. Collision: Pays for damage to your car caused by an accident. Comprehensive: Protect your car from damages from other sources when you buy this type of coverage. This can include protection from theft, vandalism, and weather damage. Uninsured Motorist: Thousands of drivers are breaking the law by driving without purchasing the proper amount of insurance. This type of coverage will protect you if you are in an accident with one of these drivers. Under-Insured Motorist: There are other drivers who have liability insurance that can’t cover all the expenses they are supposed to take care of. Under-insured motorist coverage covers you from those drivers. Other types of coverage, like emergency road service and car rental, are also available. What you pay for car insurance varies by company and will depend on multiple factors, including: *Your selected 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 Many people may not want to pay for auto insurance, but it is truly something you don’t want to live without. Review your needs, do your research , and with the support of your insurance agent, make the decision that fits you best.