Wednesday, November 6, 2013
Various Types of Car Repair Insurance Policies For Your Dream Car
When shopping for car repair insurance, it is important to note that there are many different types of policies. In order to get the best bang for your buck, you should take various factors into account. For example, what make, model, and year is your car? What kind of coverage are you looking for? What is the main purpose you would like to achieve by having car repair insurance? The informed consumer always does their research first. Initially, the buyer looking to buy insurance needs to consider the following:Different Types of Auto Repair Insurance:Automobile Liability - Liability auto repair insurance is actually available in two forms. You can purchase bodily injury liability or property damage liability insurance. These two types of car repair insurance are pretty self explanatory. Body liability insurance will cover any bodily injury (car passengers) only so while it is lumped in as a "car insurance", this would not cover any car repairs. Property damage liability insurance would cover damage caused to your car as well as any public property that is damaged in the case of an accident.Collision Insurance - Collision insurance covers the damage repair to your car when you collide with another car or even an inanimate object. This is not for "general repairs" needed to your car however. This insurance would only come into play if you "hit" something with your car, whether it's another automobile or some kind of object / property. Regardless of the collision, this type of insurance will cover the repair (or replacement) of your car, even in the case of severe accidents such as a rolled vehicle. Collision insurance is one of the most common types of car repair insurance because it has a wide coverage blanket, meaning many more type of repairs are covered under this type of a policy.Comprehensive Insurance - Comprehensive insurance covers solely repairs for damages that could have been incurred due to an elemental damage. This means any damage caused by another driver or the owner of the vehicle would not be covered. However, elemental damage would include any damage caused to the car from water, hail, vandalism, theft, animal collision, wind or fire. This coverage will cover any "natural" accident that is not caused by a car on car or car on inanimate object collision.When deciding between types of policies, it is important to weigh your options and take all the aspects of your daily life into consideration. For example, if you live in an area that is prone to extreme weather conditions; comprehensive insurance might be a good idea. However if you live in a mild and stable climate, it might be a better idea to opt for a different more appropriate type of car repair insurance. Choose the best option for you and your family based on your location, car, and budget. Remember though, if you do spend just a little bit more money to get the best car repair insurance money can buy, then you will at least be safeguarding yourself against any unexpected accidents or unforeseen circumstances.