Third-party car insurance is compulsory by law, irrespective if your car is old or new. Also purchasing comprehensive car insurance might not be a bad idea too, while a third-party insurance policy covers financial and legal liabilities towards a third party, comprehensive insurance covers both financial and legal liabilities and vehicle damages due to an accident, theft, fire, and flood, etc. These are Benefits of Insuring Your Car!
Why Is Car Insurance So Important?
Car insurance is so important because it’s not just a law, it’s a mandatory law. Let’s say you’re involved in an accident, and you’ve got no personal injury or liability insurance, you could be fined by a civil court, and if someone gets injured as a result of the accident, you could be faced with civil liabilities. Now you’ve got a glimpse of why car insurance is important, you can buy car insurance to insure yourself against any legal action that could be taken against you if you don’t have one.
More so, if you’re involved in a car accident and have no insurance in your car, you could face felony charges, most especially if you drove recklessly. Also, it’s required by law that you have proof of insurance in your car at all times because if you’re stopped by a police officer during a routine traffic check and you’re not able to provide your car insurance papers you could be fined between $400 – $1,000.
Factoring all of these, do you think having car insurance is important? Well here are the basic Benefits of Insuring Your Car.
Benefits Of Having Car Insurance
Although having car insurance is a must, there are so many Benefits of Insuring Your Car that come with owning insurance, here are a few important ones;
If Your Car Is Stolen A Car Insurance Replaces It
Sometimes you might be caught up in a bad situation where your car gets stolen, and you might be able to recover it, even worse, you might not be able to buy a new one. What do you do? Well, if you have car insurance, you’ll be reimbursed the value of the car you lost in cash, of course.
It Pays For Damages You Get From An Animal Strike
Another Benefits of Insuring Your Car, If your car gets damaged from a deer, moose, or dog strike or any large domestic animal strike, your car insurance can cover for damages, that is to say, you’ll get paid to repair your car.
If Your Car Gets Damaged By A Flood You’ll Get Paid
If your car gets caught up in a flood, water can damage your car, most especially the mechanical part and upholstery, even more so, if the damage is very severe it could be totaled. But if your car is insured, you need not worry, because you’ll get paid to get a new one or to fix the damages.
More so you should know that your automobile being able to be damaged by a flood isn’t avoidable. The National Flood Insurance Program claims that about 20% of flood insurance claims come from areas considered low or moderate risk.
If Your Car Gets Damaged By Bad Weather You’re Covered
A tornado might just pick up your car, and drop it, leaving it dented, or a golf ball-sized hail could even dent your car, leaving you with a damaged car. But if you have vehicle insurance, you need not worry, because you’ll be paid for all of the damages caused by any bad weather. Even worse, if it’s damaged beyond repair, you’ll get paid the value of the car.
If your car is involved in an accident and you end up losing or damaging a third party’s property, your car insurance helps in covering every damage or loss on that third party’s property. More so if you end up having a legal case as a result of harming or hurting the third party, your car insurance will protect you against any legal liability.
Your Car Insurance Covers Any Fire Damage On Your Car
If your car gets damaged by a fire incident irrespective of any circumstances surrounding the incident, you’ll get paid the value of the car.
You Can Easily Fix Your Car
When you buy car insurance, you can easily repair your car at any time if the need arises without having to pay extra, some insurance providers have a large network of garages, so you can easily visit one nearby to fix your car instantly. Vehicle insurance covers you from all damages incurred as a result of a falling tree or objects, evermore, vandalism.