Car Insurance: Time To Save Your CarCar Insurance: Time To Save Your Car

Car Insurance: Time To Save Your Car

Car Insurance: Time To Save Your Car: Due to unexpected situations, car accidents happen every other day. In areas where roads are not properly built and traffic signals/signs are not followed it is where “Car Insurance” comes to rescue the damages done.

What Is Car Insurance?

Firstly introduced in 1930 in UK under Road Traffic Act, car insurance is a protection scheme for cars, trucks, motorcycles, and other road vehicles for a very purpose to deliver financial protection against physical damage or human injury resulting from traffic accidents.

Car Insurance: Time To Save Your Car
Car Insurance: Time To Save Your Car

It also provides security in case of automobile theft and against damage done to the vehicle by hitting it accidentally with static objects like wall, trees or poles. Every region has their own terms and schemes with legal regulations for car insurance. In many countries it is required to have auto insurance before their use on public roads.

What Car Insurance Covers?

It covers medical payments of the injured party, property damage, physical loss (of the car, the driver and third party), fire and theft, rent of a vehicle in the case of car getting damaged to drag it to repair facility.

Other Options Are

To cover the expense done to your car, following options can be considered

Comprehensive Coverage payment covers damage caused by an event other than collision for example damage due to fire, glass, flood and other natural hazards.

Collision coverage compensates damage done due to collision whether it is with another vehicle, a tree, wall, mailbox, and guardrail etc.

Glass Coverage reimburses windshield damages which also include side windows, back windows and glass sunroofs.

Third Party Insurance which is linked to Comprehensive coverage means that if you have hit someone else on the road and it’s proven that it’s your mistake then your insurance company will reimburse/claim damages of the other person with respect to property, injury or death as well as your own vehicle

How To Claim Car Insurance?

It has to be kept in mind that Car insurance is for accidental occurrences, not for the maintenance of vehicle. Each country has its own policies and laws for Car Insurance with strict penalties in case of illegal driving.

If a person gets into an unfortunate situation of an accident following steps are required to make a claim against the damages.

 The first step towards having to claim your car insurance is to

  • Call your insurance provider help line.
  • Provide them with policy number that is written on the insurance certificate
  • Provide them with the accident details as to how it happened and at what location
  • Lodge an FIR and send it in a newspaper to file a claim
  • Insurance Company will send their personnel to assess the damage
  • Car would be directed to repair center to analyze the extent of damage and give estimate of the cost associated for fixing it.

Some insurance policy comes with deductibles, so before making a claim you will have to clear the amount related to it.  It takes almost one week to a month as mentioned in the claim policy to get the fixes done.

Coming To The Conclusion

It is really important to discuss your expectations with the insurance policy provider before making a purchase while understanding their terms and conditions to avoid any conflict and extra expense in future over repair work. Select a car insurance company with a reliable repute and coverage of financial loss.

It is suggested in today’s world to have your vehicle insured and be extremely grateful one day for this obtaining this policy.

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