business insurance Mason City IA There are more cars hitting the road each year. As this number goes up, the possibility of accidents also goes up. If you get in a car wreck, the car insurance you have can make a large difference in how much you have to pay. How can you determine what insurance you need and how to buy it? Your insurance may be able to pay for the expenses from a car crash ranging from hospital bills to replacement costs. Your state or province definitely requires some type of car insurance. Making the decision to drive without insurance could cause you to repair or replace a stolen or damaged vehicle and pay the cost of any damage for which you might be responsible. Liability: Personal injury and property damage that you are responsible for will be covered under liability insurance. Damages from bodily injury can include medical expenses, and lost wages. Property damage includes damaged property or loss of use of property. It can also cover your defense and court costs if you are sued. State laws usually require standard amounts of liability insurance, but higher amounts are available and very beneficial. Personal Injury Protection: This 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. This insurance may also pay for lost earnings, service replacement and funeral expenses. State government usually sets minimum amounts. Medical Payments: This coverage can be purchased in non-no-fault states; it will pay despite who may be responsible. All necessary medical or funeral expenses will be paid for under this insurance policy. Collision: This pays for damages to your vehicle caused by a collision. Comprehensive: This kind of insurance protection takes care of all non-collision damages. This could include fire damage, vandalism, and theft. Uninsured Motorist: Too many drivers are breaking the law by driving a car without having the right amount of car insurance. This insurance will protect you if one of these drivers hit you. Under-Insured Motorist: There are other drivers who have liability insurance that can’t pay for all the expenses they are supposed to take care of. Under-insured motorist coverage covers you in accidents involving those drivers. Emergency road service, car rental, and other varieties of coverage can also be purchased. What you pay for auto insurance varies based on the company and will depend on several factors, including: *Your desired coverage *Your vehicle’s make and model * Your driving record * Your age, sex 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, do your research , and with the guidance of your insurance agent, make the decision that best suits you.