There are more cars on the road every year. As this number goes up, the chances of a car collision will also go up. Car insurance can make the difference between a minor inconvenience and a large trial. But why do you need insurance and just how much should you get? Insurance requirements vary by state/province, but usually include the following: Liability: This kind of insurance coverage can pay for the damage that you have caused. These damages can include personal injury, and property damage. Bodily injury damages include medical fees, and lost wages. Property damage can refer to car repair costs and loss of use of property. If you are sued, it also pays your legal fees. State laws usually require minimum amounts of liability insurance, but higher amounts are available and very beneficial. Personal Injury Protection: This type of insurance pays for the medical treatment for you and your passengers, no matter who was at fault in the collision. It is sometimes called no-fault coverage. It may also pay for lost wages, service replacement and funeral costs. The minimum amount of personal injury protection is typically set by the state. Medical Payments: Medical payment coverage can be purchased in states that are not considered no-fault; it will pay despite who carries responsibility for an accident. If this policy is purchased, the insured person will receive payment for reasonable medical and funeral costs. Collision: Pays for damages to your vehicle caused by a collision. Comprehensive: Applies if your vehicle is stolen or damaged by something other than a collision, including fire, wind, hail, flood or vandalism. Uninsured Motorist: Thousands of drivers are breaking the law by driving a car without having the proper 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. This type of insurance protects you in accidents involving those drivers. Emergency road service, car rental, and other types of car insurance can also be purchased. What you pay for auto insurance varies by company and will depend on several factors, such as: * Which policies you select * The type of the vehicle you drive * Whether or not you have been in an accident * Your age, gender and marital status * Where you live Many people consider auto insurance to be a necessary evil, but it can save you from a financial crisis. Review your needs, do your research , and with the guidance of your insurance agency, make the decision that fits you best. Home Insurance Cary