insurance agent Cedarburg WI There are more cars hitting the road every year. As this number goes up, the possibility of accidents also goes up. The difference between a small aggravation and large pain can be your insurance. But why is insurance necessary and just how much should you buy? Car accidents can result in a variety of different expenses, which can all be paid for based on the type of insurance you have purchased. No matter where you live, you are required to purchase some type of car insurance. Without insurance, you risk having to pay the full price of the harm or injury you cause others or to repair or replace your car if it is damaged or stolen. Liability: It pays for the expenses you have caused to others in a car accident, including injury and property damage. Bodily injury damages can include medical expenses, and lost wages. Property damage includes car repair costs and loss of property use. It also covers your defense and court costs if you are sued. State laws typically require standard amounts of liability insurance, but larger amounts are available and extremely helpful. Personal Injury Protection: Personal injury insurance is mandated 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. The minimum amount of this insurance is usually set by the state. Medical Payments: This type of coverage is available in non-no-fault states and will pay no matter who is responsible for the accident. All necessary medical or funeral expenses will be covered under this insurance coverage. Collision: Damages that occur from a car accident will be covered under this type of car insurance. Comprehensive: Applies if your car is stolen or damaged by causes other than a wreck, including fire, wind, hail, flood or vandalism. Uninsured Motorist: If you are in an accident with an uninsured driver, 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 supposed to take care of. Under-insured motorist coverage protects you from those drivers. Other kinds of coverage, like car rental, can also be purchased.