What is Comprehensive Car Insurance and Why Do We Need It? |
Posted: October 17, 2018 |
The word “comprehensive” changes the overall impact of product or service. It means the convenience and availability of maximum features against the product or service. The same is in the case of “comprehensive car insurance” as it covers all the losses occurred due to any incident except collision. Each type of insurance has its own its own unique characteristics, compensations, and drawbacks When we buy comprehensive coverage, we mean to say that against any incident such as fire, halt, vandalism, hail, flood, riot, animal collision or any other, we are covered. The only important thing is that it covers the damages faced by a vehicle. In case of any loss of your personal item, placed in the vehicle, no protection will be given to you. What is the cost of Comprehensive Car Insurance?When we compare comprehensive coverage of car insurance with other protections, we find it more affordable. As everyone knows, the car insurance rates vary according to their driving skills and the condition of the vehicle. However, against comprehensive car insurance, you can claim all the time when your vehicle faces non-accidental incidents. For example, if your windshield has cracked down, you will get enough money from an insurance company to repair it against comprehensive car insurance. If you have not bought it yet, will face the huge expenses for buying the new windshield in case of such incidents. It means that comprehensive coverage helps you save hundreds of dollars without taking any financial burden. Factually, you only need a small amount to pay as a comprehensive car insurance and against it, you can avail numerous benefits. When do you need to add comprehensive coverage?The best advantage of comprehensive coverage is that you can add it to your general auto insurance policy quite easily. On the other hand, adding collision coverage without comprehensive coverage is not allowed. Comprehensive car insurance is the best of those who are not interested in full coverage but wants protection. If your vehicle is parked and you will not drive it for some time, you must ensure that your vehicle has comprehensive coverage. It will help you protect your vehicle in case of any physical damage in the parking under comprehensive car insurance. A MisconceptionSome people think that the car parked in the home garage is a part of home insurance cover, but it is not true. If home collapses on your vehicle or there is a fire in the premises, which will damage your car, the home insurance cover will not protect your vehicle. It is only comprehensive car insurance that covers your vehicle and you can claim damages at any time after the incident. When does comprehensive coverage come into action?In the following incidents, you can claim against your comprehensive car insurance: · Windshield damageIn case of any glass damage, whether it is door glass, windscreen, back glass or sunroof, all will fall under comprehensive car insurance. Chipped and cracked windshields are also a part of it. · Hit by an animalIf there is an accident with an animal, whether it is a bird, dog, deer or any other, the comprehensive car insurance will cover it. · Fire damageFire damages the vehicle extremely. The comprehensive car insurance will cover all types of fire damages whether the fire is due to the engine problem, short-circuit or any other mishap near your vehicle. · TheftIf your car has been stolen and you have spent more than 30 days, the comprehensive coverage will cover your loss and provide you the actual cash amount after deducting the deductible. · VandalismIn case of any kind of vandalism, your car will be covered if it has comprehensive car insurance. · Tree fallingIf a tree has fallen on your vehicle, the insurance company will cover your losses if you have bought comprehensive coverage. · Natural disasterAll types of natural disasters, such as floods, earthquakes, tornado, thunderstorm, hailing or any other natural mishap, are covered through comprehensive car insurance coverage. Adjustment of DeductibleWhen you buy comprehensive coverage, you also select the deductible amount. In case of any incident, your deductible will be adjusted and you will get the coverage minus deductible. The impact of claims against comprehensive coverage on your car policyGenerally, the insurance companies implement surcharges for comprehensive claims. There are still some companies that do not bother it normally. They show concern only if you have filed claims more than three times in three years, they will implement surcharge. Windshield claims are the least bothered one, but still, if it is happening frequently, the overall impact on the car insurance will be negative. Against comprehensive coverage claims, the insurance carriers are always attentive. If you have filed a claim against any incident, they will expect that it will not happen again. If you will claim again against the same incident, they will become conscious. Actually, there are some flaws in the policy because the behavior of the carrier is different in different situations. Sometimes, we find that we have been surcharged, but our neighbor is not paying any surcharge even after frequent incidents. So, the justification is not there when you ask the reasons. You just need to keep an eye on your insurance claims and must be attentive in case of frequent and same kind of incidents.
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