As responsible drivers we all know that auto insurance is essential. If you're involved in a major road accident you'll be glad that you have a car insurance policy to help you out with paying for car repairs, medical expenses or damage to personal property. Even if it's only a small incident, the right auto insurance Burlington policy can be invaluable. There are lots of different policy and coverage options to choose from when buying car insurance, so we've compiled some useful information on what you need to know about auto insurance and your policy.
Part of being a responsible driver is ensuring you have adequate auto insurance to cover you, your passengers and other drivers on the road in the event of an accident.
Let's take a look at some of its features:
- Third party or Liability Insurance
Comprehensive cover essentially covers you for any damage caused by other means, without a collision. For example, what if the neighbourhood kids hit a baseball through your windshield? What happens if there's a storm and a tree falls on your car? Liability car insurance coverage won't protect you or reimburse you for these kinds of accidents, but comprehensive coverage does. If you worry about external factors damaging your car, then comprehensive coverage may be the type of car insurance you need.
Collision coverage - covers you and your car in an accident.
- Full Coverage
Medical coverage - covers medical expenses for injuries sustained to you or your passengers during an accident.
- Damage sustained to your vehicle during storms or natural disasters like tornadoes, hurricanes, and earthquakes
- Damage caused by fire
Uninsured motorist coverage - pays out and protects you if you are involved in an accident with an uninsured driver.
This type of insurance will cover medical expenses and personal injury costs of you and your passengers if you're involved in a collision regardless of who is at fault.
- Damage done to your car by animals
This might be offered as a policy extra that protects you in case of a collision or accident involving an under-insured or uninsured driver. Your insurance company will pay out a sum of money to cover damages and will attempt to recuperate their losses from the at-fault party through other means.
It is common practice for the person who was at fault to pay. If they have a car insurance policy their insurance company will pay for any damage caused. If they don't have adequate insurance, who pays depends on what level of coverage you have, such as under-insured/uninsured motorist cover.
How Much Should You Pay?
When considering your deductible, remember that the top amount comprehensive car insurance coverage pays out in the event of a serious accident or damage is the total, current cash value of your car. Therefore, if your vehicle's cash value is a similar amount to your insurance deductible (your car may be old or worn out), comprehensive coverage might not be the best auto insurance policy for you.
Moreover, think about how much money you would lose through personal injury if you were involved in an accident and you no longer had access to a car to get to work. On the other hand, if you only drive short distances for social purposes, it may be worthwhile only investing in third party or liability insurance.
Part of being a responsible driver is ensuring you have adequate auto insurance to cover you, your passengers and other drivers on the road in the event of an accident.
Let's take a look at some of its features:
- Third party or Liability Insurance
Comprehensive cover essentially covers you for any damage caused by other means, without a collision. For example, what if the neighbourhood kids hit a baseball through your windshield? What happens if there's a storm and a tree falls on your car? Liability car insurance coverage won't protect you or reimburse you for these kinds of accidents, but comprehensive coverage does. If you worry about external factors damaging your car, then comprehensive coverage may be the type of car insurance you need.
Collision coverage - covers you and your car in an accident.
- Full Coverage
Medical coverage - covers medical expenses for injuries sustained to you or your passengers during an accident.
- Damage sustained to your vehicle during storms or natural disasters like tornadoes, hurricanes, and earthquakes
- Damage caused by fire
Uninsured motorist coverage - pays out and protects you if you are involved in an accident with an uninsured driver.
This type of insurance will cover medical expenses and personal injury costs of you and your passengers if you're involved in a collision regardless of who is at fault.
- Damage done to your car by animals
This might be offered as a policy extra that protects you in case of a collision or accident involving an under-insured or uninsured driver. Your insurance company will pay out a sum of money to cover damages and will attempt to recuperate their losses from the at-fault party through other means.
It is common practice for the person who was at fault to pay. If they have a car insurance policy their insurance company will pay for any damage caused. If they don't have adequate insurance, who pays depends on what level of coverage you have, such as under-insured/uninsured motorist cover.
How Much Should You Pay?
When considering your deductible, remember that the top amount comprehensive car insurance coverage pays out in the event of a serious accident or damage is the total, current cash value of your car. Therefore, if your vehicle's cash value is a similar amount to your insurance deductible (your car may be old or worn out), comprehensive coverage might not be the best auto insurance policy for you.
Moreover, think about how much money you would lose through personal injury if you were involved in an accident and you no longer had access to a car to get to work. On the other hand, if you only drive short distances for social purposes, it may be worthwhile only investing in third party or liability insurance.
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Looking to find the best deal on Auto Insurance Burlington, then visit www.autoinsuranceburlington.org to find the best advice on Auto Insurance for you.