For many owners, having car insurance is like ‘ necessary evil’ sort of expense that they consider not using. However, car insurance comes handy in many ways. It can protect drivers from the events that come suddenly.
You can call it an umbrella that will protect you from the financial losses and from the unforeseen risks in case of an eventuality. The cover of your car includes an insured vehicle, the party that need to be insured and the third party.
Although all insurance policies are the same and the coverage varies according to the policy, here are some surprising things when your insurance will come handy:
The Car Insurance Policy Covers Are Of Two Types
- Third-Party Insurance Coverage: It’s the primary car insurance coverage that covers third-parties and other people. Your own car is not covered in this, but if you have accidentally damaged someone else’s car, the third-party insurance will cover the loss.
- Comprehensive Car Insurance Cover: This insurance policy will cover all the damages done to your car. Even if the accident has occured because of your fault, you still get coverage with this policy. Just compare the prices between the third-party insurance and the comprehensive very cheap car insurance. Moreover, drivers at high-risk often go for the third-party covers, thereby increasing the cost of the overall insurance policy.
At The Time Of Vandalism
Have you ever been in a situation when you have parked your vehicle and return back with the dents and scratches all around the car? Shocking! Seeing unexpected damages and crashes on the vehicle can be quite intimidating, especially if it’s your new car. But, if your policy includes coverage, you can have a sigh of relief that your insurance policy will cover everything from vandalism to the other damages.
Besides, the location of the vehicle also plays a huge role in deciding whether or not you need to pay debts. Usually, if the body of your vehicle gets damaged, then you have to pay deductibles, but, if its the glass that is damaged, you can get it repaired without paying anything from the pocket.
When The Devices Get Stolen Or Damaged
Most insurance policies do not cover personal things in the car. For instance, if the iPod is stolen from your vehicle or you accidentally damage the laptop while bringing it back in your car, you will either have to pay all debts or the renter insurance company of the device will compensate for the loss.
At The Time of Natural Calamities
Natural disasters make billions of dollars in the property damages with things like vehicles, getting affected the most. With such tragic exposures to the natural damages and because earthquake insurance is not included in the homeowner policy, you might want to cover your vehicle. There are automobile insurances to keep your vehicle insured from the earthquakes.
Pothole And Other Damages
Unnecessary objects on the road can create serious problems for drivers as well as for their vehicles. And, maneuvering around such objects can put other drivers at risk. Such damages are normally confined to the wheels and tires, which the insurance company will pay. Even though such damages are not considered as an at-fault accident, the important thing to consider is that the repairs are covered in this.
Many Factors Affect Insurance Rates
Vehicle insurance companies use different criteria to evaluate the insurance application as every car company has its own criteria relating to guidelines related to the groups they want to consider and how much they are going to charge from that groups.
Since the car insurance is necessary, choose your plan wisely, compare plans and then go for the policy, which you find beneficial