Car Insurance Is A Must Have Friend
Some people say that procuring car insurance is merely a waste of money. These same people claim that since they are good and safe drivers, they are able to keep away from accidents. But times have changed and even if one abides by all the rules of the road, there is still that possibility that one meets an accident. And if and when that happens, one would need your must have friend, one’s car insurance.
Car insurance is not a waste of money. The coverage provided by the insurance is that in the event that one figures in a traffic accident, one has the insurance to pay for the loss and damage incurred. The classic example would be if one is parked and a tree branch falls on the windshield thus smashing it. If one has the proper insurance coverage, then this can be written off by the company. Replacing the windshield and other damage would then be repaired or replaced at a much lower cost unlike if one has no insurance coverage and one pays for the repair and replacement out of one’s own pocket.
There are many kinds of coverages offered by car insurance companies. The first type is property damage liability insurance. This coverage pays for property damage incurred by third parties in the event of an accident. Thus when sued for property damage, one can be amply protected with this type of coverage.
The second kind is the Bodily Injury Liability coverage. This one covers the medical expenses of a third party sustaining injury due to the accident. It also provides coverage for legal costs due to bodily injury.
The third kind is personal injury protection coverage, which covers medical expenses, income losses and other expenses caused by an accident. This covers only light injuries and not serious bodily injury.
Comprehensive coverage is the policy type that pays for damages sustained by theft, flooding, fire and other acts of god or natural calamities on one’s vehicle. So even if one’s vehicle is parked, this insurance coverage allows the recoupment of damages sustained.
Collision coverage is the insurance to pay for damages sustained from being struck by or bumped by another vehicle, or if one causes damage to another. As one can see, this is but one aspect of insurance coverage and this can be avoided by being a good driver. But one cannot be sure of other driver’s capacities so being the one bumped is a risk that one can be protected from under this coverage.
Special kinds of coverages also are available. These include under insured motorist bodily/property/injury coverage, if the other vehicle that caused the mishap has insufficient insurance to cover medical costs for injuries or reparation for damagemoney
s incurred. There is also uninsured motorist bodily injury coverage, for those who cause accidents that have no insurance at all.
So getting car insurance is a must. Finding out what is best suited will provide one with options for consideration. There are always offers and promotional offers available in the market.
See: Gas Card
Tags: accidents, car, drivers, friend, have, insurance, must, road, safe
