Insurance Cover Types that Pay for your Cash Smash Repairs

One of the most dreadful things that can happen to you as a motorist is getting involved in an accident. When it happens, you want to be inside a vehicle that has all the safety measures to safeguard your life. In addition to this, you need to make sure that the vehicle is insured. Insurance covers the cost of insurance auto repairs when the vehicle is damaged in a minor way, and replacement in case it becomes written off. Different types of insurance cover different types of damages in the event of a car accident. Knowing these covers and their terms and conditions will help you protect yourself, other passengers, pedestrians and the vehicle in case of an accident. 

Collision Insurance

This pays for the cost of repairing or replacing the vehicle in case it is involved in a collision with another vehicle. It also covers you for cases where your car collides with a stationary object. The biggest mistake people make is assuming that comprehensive insurance covers collision. Most insurers will give you comprehensive insurance and then add collision insurance. It is a good idea to ask what comprehensive insurance actually covers before choosing it.

Comprehensive Car Insurance

This covers damages caused to your car by all other factors except collision. These damages include those caused by theft, vandalism, falling objects, natural disasters like hailstorms, hitting and animal, acts of God and basically anything else that is beyond your control when you are on the road. Different insurers have different terms and conditions about vehicle replacement and repair under their comprehensive insurance policies. It is best to understand what the terms of your cover are before signing the contract.

Rental Car Insurance

If your vehicle is involved in an accident, and repairs or replacement takes time, you can have an insurance cover product that allows you to have a rental. The policy usually works on per accident and per day terms. This means that you might get fifty dollars for car rental every day you do not have your vehicle, and for a maximum of thirty days or more depending on the policy.

Regardless of the auto insurance products that you choose, it is advisable to always ensure that you fully understand what is covered by your product of choice. This will minimise instances where you are expecting some form of compensation from the insurer, but end up getting none because they do not cover that in the policy. 

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