Deciding on how much coverage to get for your car can be a difficult process. Of course, each state will have minimum requirements for liability and property damage. This is protection for the damage you do to another car and any injuries to people. But what can be tricky is in knowing how much of the optional insurance you should buy. Most of this insurance falls under the category of collision and comprehensive insurance. The following are reasons to consider getting this type of insurance.
This insurance covers damages to your car when you are in an accident with another vehicle and it is your fault. Often, car owners will think that this coverage is not important. All you need to do is drive carefully. You only need to worry about the other drivers on the road. But the problem with this type of thinking is that accidents will happen. That's why they're called accidents. If you depend upon your car for transportation, then you owe it to yourself to get this coverage. It doesn't have to be expensive. There are deductibles associated with collision insurance, so if you have a high deductible, your premiums will be lower.
Comprehensive for vandalism
You may have theft coverage for your car, but what do you do if your car is vandalized? Theft will not cover this. You can wake up one morning and as you go to your car to drive to work, you may find your car vandalized to the point where it cannot be driven. People have had their cars broken into by thieves looking for spare change. And this is only one example of vandalism. Having comprehensive insurance will allow you to get the needed repairs quickly, and keep your car on the road.
Comprehensive for natural occurrences
This covers a wide variety of situations. Some of this damage comes from weather such as hail in a thunderstorm. There is also damage that is common from high winds. Regardless of where you live, when the wind speeds are high enough, almost anything airborne can potentially damage your car. But there can also be damage to your car even when the weather is nice. You can be parked underneath a tree when a large, dying tree branch gives way and crashes onto your car. Like the vandalism mentioned above, this type of damage can happen without warning, and there is no insurance company to call but your own, so you need this coverage in your policy.
You should consider the coverage listed above even if you have an older model car. Both collision and comprehensive can be valuable in keeping your car operational when the unexpected happens. For more information, contact companies like House-Chilson & Associates.