How Auto Insurance Makes Your Family’s Life Easier
It is undeniable that cars are useful and important to us. It’s not just about getting from point A to point B (which in itself is a good thing). Whether it’s taking your kids to football practice or heading to the office every day while sipping on your favorite coffee. This convenience comes at a cost. It is illegal to drive a vehicle in the United States (in 48 states, the only exception being Virginia and New Hampshire) without a proper auto insurance policy.
Although it may not seem too obvious, your car insurance makes a big difference in your life. Not only is an auto insurance policy important to you and your family, but it also protects you and your family. Here’s how car insurance makes life easier for your family.
It provides security
As already established, your car is an integral part of your family. It’s used almost every day and it’s really hard to imagine commuting or going anywhere with the family without a car. But what keeps your car safe? What happens if, in an unfortunate accident, your car is damaged and needs to be repaired?
This is where car insurance policies come in. With a collision and comprehensive insurance policy, you never have to worry about fixing your car after an accident. Road accidents can be ugly, but what’s worse are the extremely high prices for car repairs. You’d be shocked how much a simple paint job or scratch removal would cost.
Collision and comprehensive insurance covers the cost of repairing your car, even if it is totaled. Collision insurance is the policy that will cover the cost of all damage to your car in an accident, regardless of whose fault the accident was. It also covers damage caused by bad roads such as massive potholes and the like.
Multi-risk insurance covers the cost of repairs for damage caused by natural disasters. This includes fires, earthquakes, floods, hailstorms, volcanic eruptions, etc. It also covers damage due to vandalism, riots and even theft. Collision and all-risk coverage ensures you won’t have to lose thousands of dollars fixing your car.
Comprehensive and collision auto insurance can cost a pretty penny, and the price depends on many factors such as age, gender, driving record, and the state you live in. To get the best rates, always look for the most affordable car insurance. provider in your state. For example, if you live in Texas, search cheap texas car insurance and benefit from affordable and advantageous auto insurance coverage.
Imagine you’re driving your car and lose your focus for a second, and the next thing you know you’ve hit another car, causing serious damage. By law, you are responsible for paying for car repairs and medical treatment for anyone injured in the accident. Paying for all of this would easily cost you more than hundreds of thousands of dollars if the injuries and damages are significant.
This is where liability insurance comes in. Having liability insurance with a minimum state-imposed coverage limit is mandatory in 48 states. Liability insurance is a policy that you cannot claim, but your insurance company would pay the other driver injured in an accident caused by you.
Imagine losing hundreds of thousands of dollars of your life savings just to fix a car and broken bones (worst of all, thousands of dollars would be just for the ambulance ride). Liability insurance provides financial security for your family.
Your safety and that of your family
What if you and your family were in a car accident and suffered serious injuries? The cost of medical treatment can be prohibitively high and a financial crisis is the last thing you want when you and your family are in hospital. This is where a personal injury protection plan comes in.
In 12 no-fault states, it is mandatory to have an injury protection plan. It’s called “No-Fault” because this policy goes into effect regardless of whose fault the accident was. You can therefore claim the liability insurance of the other driver who is at fault, but if the policy defaults, your personal injury protection will kick in to cover the costs.
Here’s another wonderful thing about the personal injury protection plan that makes it even more desirable. Most personal injury protection plans come with compensation for losses. So if, due to the accident, you cannot get to work or operate your business, all lost wages will be covered by your personal injury insurance policy. How wonderful is that? This policy ensures that your family does not experience a financial crisis during an already difficult time.
Hit and run
One of the worst scenarios you can put yourself in is a hit-and-run where you injure yourself or your car is damaged, but the offending driver gets away. Since you can’t find the driver at fault, you can’t claim his liability insurance. So who pays for repairs and medical treatment?
If you have health insurance or bodily injury protection, the cost of medical treatment will be covered by it. Getting uninsured/underinsured motorist coverage would be a great way to cover the cost of your car repairs and even medical treatment if the injury protection plan isn’t enough.
This is how a car insurance policy can make life easier for your family. Car insurance is essential if you drive a car, not just for yourself but for your family. S0, get yourself a great car insurance policy and stay safe.