Comprehensive Insurance Policies

auto insurance Louisville The amount of cars and drivers on the road increases each and every year. This can lead to a higher possibility of a car accident for you and your family. The difference between a small bother and major pain can be the car insurance you have purchased. But why do you need insurance and just how much should you purchase? Coverage requirements will differ by state/province, but usually include the following: Liability: Liability pays for damages due to personal injury and damage to property when you are responsible. If you are sued, liability insurance can pay for your court costs. State laws usually mandate standard amounts of liability insurance, but higher amounts can be purchased and are very beneficial. Personal Injury Protection: This 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. This insurance can also pay for lost wages, replacement of services and funeral costs. State law usually sets minimum amounts. Medical Payments: This type of coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. This insurance will pay for an insured person’s reasonable and necessary medical and funeral expenses for bodily injury from an accident. Collision: Pays for damages to your vehicle caused by an accident. Comprehensive: Cover your vehicle from damages from other sources when you buy this type of coverage. This includes protection from burglary, vandalism, and fire or flood damage. Uninsured Motorist: If you are hit by an uninsured driver, this type of insurance will make sure you are covered. Under-Insured Motorist: Pays for collision expenses when an insured person is injured in an accident caused by another person who does not have enough liability insurance to pay for the total amount of the damages. Other kinds of coverage, including emergency road service, can also be purchased.