Car Insurances: What you do need and What you don’t
Behind the wheel, many things can happen and they are not all relying on how are you driving or how careful you are in the traffic. Accidents and minor issues might happen any day to anyone and that’s why there are so many different insurance policies available out there covering many different scenarios.
Some will cover your own losses, others are a handy help when is you who caused a mess and damaged someone’s property and other plans can even cover the expenses you might have in case someone not insured hits your car and can’t pay for it. Though there are many options available you surely don’t need to have all of them as you will further see here while we talk about the main car insurances you could have.
A Standard Pack
To get started, it is important to notice if you are appropriately employed, your employment contract includes at least two kinds of insurances, a health insurance and a disability insurance. These are mandatory under the labour law when you are for real permanently working for a company, so doctor and hospitals bills will be covered by these insurances, including the days you have to miss your work.
However, if you have kids it will be important to get a PIP insurance, the Personal Injury Protection. This will cover all expenses you might have due to injuries, covering all the people inside your car. But once again, if you are single or doesn’t have kids, no need.
A really important one that is essential is the Collision insurance. These will not be the most cheap car insurance you could have, but is quite important because it will cover the expenses on recovering the damages you car suffered during an accident. The comprehensive insurance is also a protection against losses and damages, though it mostly cover theft and damages out of an accident scenario.
Preventing a Bigger Head Ache
The so-called complementary car insurances are important to ease your situation under an accident scenario when there is incapability of one of the two parts involved to cope with the costs of the accident. These are more cheap car insurances especially because they are complementary. The Underinsured Motorist Coverage is a safety measure in case you get involved in a big car accident not caused by you and the other driver is not insured and can’t pay for your expenses with doctors. Many people opt for this kind of insurance because is a cheap car insurance and can cover all the expenses your job health insurance can’t, so it is a sort of extra money so you can get the best kind of treatments and care.
When you are the one causing an accident, however, you also have to be prepared and is somehow very important to have an insurance like the Bodily Injury Liability (BIL). This will cover the expenses of all people inside the vehicle you damaged, and though they are not the kind of cheap car insurance, they are quite important to avoid bigger problems with the law. The chances of being sued and face heavier penalties is bigger when you can’t assist financially the victims. In some states of the US it is mandatory to have this kind of insurance to avoid legal disputes.
On the other hand, the best is always to be the best driver you can. Behaving well, avoiding negligence and imprudence, the expensive prices of this kind of insurance might be an aid for you to think about that and simply behave in a way you will never need them.