What Is Comprehensive Car Insurance?
Highest level of insurance
Car is the most common commodity which is used in the current times and they are an expensive commodity. Thus it is important to have a car insurance which can help you in bad times. Car insurance is important so that even if the car gets damaged you can get the coverage and can easily incur the expenses. There is some car insurance which is not able to cover the complete car coverage. Some only gives on certain types of accidents and damage. The comprehensive car insurance is a well known type of car insurance and it is also known as the fully company cover.
Claim money
When you have the comprehensive car insurance you are able to claim the money from the insurer for the accidents that are caused due to your fault. This type of car insurance is also applicable when the cause and fault is not proven. Let me explain with an example. Suppose that you have gone on for shopping and you have neatly parked your car in the parking area. While you are shopping someone hits your car and you are not aware of it. When you complete shopping and return, you check that the car is hittened and the person has driven off. This is the situation where the car is damaged and needs coverage but the fault is not proven.
Now you might be thinking about what is comprehensive car insurance needed for. If you are not having comprehensive car insurance then you risk paying all the repairs on your own. There are times when you need to pay for the brand new motor which is expensive and all you need to pay from your pocket if you do not have comprehensive car insurance. The comprehensive car insurance policy is the one which gives you the extra and added level of coverage as well as protection. This lead to providing you the proper peace of mind as it saves you from paying the extra expensive repairs of your car.
Why you need it?
Now you must be wondering whether you really need this comprehensive car insurance. It is usually asked by people that when comprehensive car insurance provides great features it might be expensive. People think that the comprehensive car insurance would be more expensive as compared to the other policies. The answer is that comprehensive car insurance is really expensive one as compared to the third party insurance.
What is the comprehensive car insurance expensive because of? The comprehensive car insurance policy is expensive but it is not really expensive in all the cases. It is important that you keep a look at the different policies and compare their prices. The comparisons are to be done between the third party policies and the comprehensive car insurance. You may find that the comprehensive car insurance policy is actually cheaper as compared to the third party policy. You do no need to compromise in order to save a small amount of money.
We also like to explain about what is comprehensive car insurance cheaper for? Yes it’s true that the comprehensive car insurance policy is cheaper as compared to other third party policy. The major reason is that the risk drivers usually go for the third party cover so that they can lower their insurance costs. The result shows that the as people are having more of the third party insurance they are also claiming that more. The more claiming of the third party insurance makes the third party insurance costly as compared to the comprehensive car insurance. This means that the overall cost increases of the third party insurance. This reduces the cost of the comprehensive car insurance.
Falling short for
What is the comprehensive car insurance falling short for? Though it has the name of comprehensive car insurance but it can also fall short in certain areas. There are certain policy extras which come as the standard with the insurers and it might change the privileged. It is always preferable to check the policy details which you are buying and should not at all assume that you will be getting bells and whistles. Usually there are two common policy add ons. First one is the courtesy car. There are many insurers which allow you to use another car when you are having repairs with your old car. This is not in all the cases as you will not get that option if your car is written off.
What is comprehensive car insurance another adds on? It is the breakdown cover. Usually you can have the additional and optional extra which comes with some cost. The insurers consider it as an incentive. The definition of what is comprehensive car insurance explains that you will get paid for the repairs or the replacements of the area when it is damaged or stolen. Yes the stolen case is also considered in the comprehensive car insurance. It does not matter who is at fault in the case off the comprehensive car insurance.
Conclusion
When you select the coverage you get a deductible which you need to pay from your pocket. The insurance company pays for the damage which is within their limits. The limits are selected in advance by your with the insurance company. The comprehensive coverage pays for the damage which is accused to your car apart from collision situation including the fire, theft, etc. if you have hit an animal then also the comprehensive car insurance will be applicable. In case of stolen car also it will be applicable.
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