Securing Your Car With Auto Insurance
Auto insurance is an essential expense that at best can be minimized but cannot be totally done away with. With costlier, faster and powerful vehicles on the roads, and enthusiastic youngsters at the wheels, damages are but natural. However, accidents may be less fatal, given the advanced safety mechanisms on the latest car models.
There are several factors that determine the price of a car insurance. The age of the driver, condition of the vehicle, the type of vehicle, distance covered, geographic location, etc. being just a few of them.
Accordingly, the extent and type of cover is chosen to protect the car from possible risks under the given aspects. The car can be secured against:
- Collisions: This type of cover compensates for damage to the car in the event of collision, claim being limited to the book value of the car.
- Medical Expenses: Pays for treatment for occupants of the car which is involved in the accident.
- Uninsured Motorist Cover: Covers for injuries caused by uninsured drivers, who often flee the site of collision.
- Comprehensive Damage: Compensates for loss or damages caused by perils other than collisions. Natural calamities, fire, theft, vandalism are covered as part of this head.