life insurance-Rockford

life insurance Rockford IL There are more cars on the road every year. As this number increases, the chances of a car wreck will also increase. The difference between a little aggravation and major obstacle can be car insurance. So how do you know what insurance you need and how much you should buy? Your car insurance may be able to pay for the expenses from a car crash 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 or pay the cost of all the damage for which you might be responsible. Liability: Bodily injury and property damage that you are responsible for will be covered under this type of insurance. If you are sued, this type of insurance will pay for your legal fees. Local laws usually require standard amounts of liability insurance, but larger 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. It can also pay for lost wages, replacement of services and funeral expenses. Local law usually sets minimum amounts. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault and will pay no matter who is responsible for the accident. If you buy this type of coverage, you will receive payment for necessary medical or funeral expenses. Collision: This pays for damages to your car caused by an accident. Comprehensive: This kind of insurance takes care of any damages not caused by a collision. This may include flood damage, vandalism, and burglary. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance will make sure you are covered. Under-Insured Motorist: There are other drivers who have liability insurance that can’t pay for all the expenses they are responsible for. This type of insurance protects you in accidents involving those drivers. Other policies, such as emergency road service, are also available. Your auto insurance payments vary by company and will depend on multiple factors, such as: * What coverage you select * The type of the car you own * Whether or not you have been in an accident * Your age, gender and marital status * The place where you live Many drivers don’t want to pay for car insurance, but it is truly something you don’t want to live without. Evaluate your needs, research your options, and with the help of your insurance agency, make the decision that best suits you.