condo insurance Socorro TX The number of drivers on the road increases every year. With the increasing number of vehicles on the road, crashes are going to happen. The difference between a small bother and major pain can be automobile insurance. How can you determine what insurance you require and how you can purchase it? Car crashes can result in many different expenses, which can all be paid for based on the type of insurance you have purchased. Without insurance, you risk having to pay the total cost of any harm or injury you cause others or of repairing or replacing your car if it is damaged or stolen. Liability: Pays for expenses due to personal injury and property damage to others that you are responsible for. Damages from bodily injury can include medical fees, and lost wages. Property damage includes car repair costs and loss of property use. It also covers your defense and court costs if you are sued. Recommended, higher levels of liability insurance are available that take care of more events than the lower, state-mandated insurance. Personal Injury Protection: This is mandated 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: This type of coverage can be purchased in non-no-fault states and will pay regardless of who is responsible for an accident. If you purchase this type of coverage, you will receive coverage for reasonable medical and funeral expenses. Collision: Pays for damage to your car caused by an accident. Comprehensive: This applies if your car is stolen or damaged by something other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Pays for repair and replacement costs when an insured person is in a crash caused by another person who does not have liability insurance or by a hit-and-run driver. Under-Insured Motorist: Pays for collision expenses when a driver with insurance is in a crash caused by another person who does not have the right amount of insurance to cover the full amount of the damages. Other kinds of coverage, like emergency road service, are also available.
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