commercial insurance Tacoma WA The amount of cars on the road increases every year. As this number increases, the possibility of accidents also increases. The difference between a little bother and major pain can be your insurance. So how can you figure out which type of insurance you need and how much to buy? Coverage requirements vary by state/province, but usually include the following: Liability: This kind of insurance will pay for the damage that you have caused. These damages can include bodily injury, and property damage. Bodily injury damages include medical expenses, lost wages, and pain and suffering. Property damage includes car repair costs or loss of use of property. It can also cover your defense and court costs if you are sued. Recommended, higher levels of insurance can be purchased that take care of more events than the lower, state-mandated varieties. 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. This insurance can also cover lost wages, replacement of services and funeral expenses. The minimum amount of this insurance is typically set by the state. Medical Payments: This type of coverage can be purchased in states that are not considered no-fault and will pay no matter who is responsible for the accident. If this policy is purchased, the insured person will receive payment for reasonable medical or funeral expenses. Collision: Pays for damage to your car caused by an accident. Comprehensive: This kind of insurance covers all non-collision damages. This could include fire damage, vandalism, and robbery. Uninsured Motorist: If you are hit by a driver without insurance, this type of insurance will protect you. Under-Insured Motorist: Just like uninsured coverage, this kind of insurance protects you against people driving without sufficient insurance coverage. Other policies, like car rental, are also available. Your auto insurance payments vary by company and will depend on multiple factors, including: * Which policies you select * The type of the car you own * Your driving record * Your age, gender and marital status * The place where you live Don’t procrastinate buying car insurance; you shouldn’t drive a car without it. Review your needs, do your research , and with the guidance of your insurance agency, make the decision that best suits you.