There are more cars on the road each year. With the increasing number of vehicles on the road, crashes will happen. Car insurance can be the difference between a small inconvenience and a major trial. But why do you need insurance and just how much do you need? Car crashes can lead to many different expenses, which your car insurance might be able to pay for based on the type of insurance you own. Auto insurance is required by law in all states and provinces. Electing to drive without owning insurance could mean you have to repair or replace a stolen or damaged vehicle and pay the cost of any damage that you may have caused. Liability: This type of insurance coverage will pay for the damage that you have caused. These damages can include bodily injury, and property damage. Bodily injury damages include medical expenses, and lost wages. Property damage can refer to car repair costs or loss of use of property. If you are in legal trouble, it also pays your legal fees. Local laws typically require standard amounts, but larger amounts can be purchased and are usually recommended. 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 may also pay for lost earnings, replacement of services and funeral costs. The minimum amount of personal injury protection is typically set by the state. Medical Payments: Medical payment coverage is available in non-no-fault states and will pay regardless of who is responsible for an accident. All necessary medical or funeral expenses will be paid for under this insurance policy. Collision: This pays for damages to your car caused by a collision. Comprehensive: This type of insurance protection takes care of all non-collision damages. This may include hail damage, vandalism, and burglary. Uninsured Motorist: This pays for damages when an insured person is in a crash caused by another person who does not have insurance. Under-Insured Motorist: This pays for collision expenses when an insured person is in a crash caused by another person who does not have the right amount of insurance to pay for the full amount of the damages. Emergency road service, car rental, and other varieties of coverage can also be purchased. Your car insurance payments vary by company and will depend on multiple factors, including: * What coverage you select * The make and model of the car you own * Whether or not you have been in an accident * Your age, sex and marital status * Where you live Many people think of car insurance as a necessary evil, but it can save you from a financial dilemma. Review your needs, research your options, and with the help of your insurance agent, make the decision that best suits you. Insurance Owosso MI