Car insurance is an important factor for every car owner as it provides protection against various damages and risks. There are many types of car insurance policies available in the market and comprehensive insurance is the one that many people choose. If you are looking for car insurance online, it is important to understand what comprehensive insurance covers and what it does not.
Comprehensive insurance is a type of insurance that covers a wide range of damages caused to your car in an accident. This insurance covers your car and the third-party vehicle as well. This insurance policy also covers damage caused to your car by fire, theft, or any kind of natural disaster.
Here is what comprehensive insurance cover under its policy:
- Damage caused by natural disasters: Comprehensive insurance covers damage caused to your car by natural disasters such as earthquakes, floods, hailstorms, hurricanes, or tornadoes. If your car gets damaged because of any kind of natural disaster, then your comprehensive insurance will cover the repair or replacement cost of it.
- Theft and vandalism: If your car has been stolen, then your comprehensive insurance will cover the cost of its replacement and if your car has been vendalised, then your comprehensive insurance will cover the costs to repair it.
- Fire and explosion: If your car has been damaged caused by an explosion or fire, then your comprehensive insurance will cover the costs to repair its parts and if the damage is beyond repair, then it will reimburse you its replacement cost.
- Accidental damage: If your car has met with an accident, then your comprehensive insurance will cover the costs for its damage.
- Third-party damage: Your comprehensive insurance will also cover the costs of the damage caused to the third party in an accident. This insurance covers any damage caused to a third-party person, property, or vehicle.
- Personal accident damage: Your comprehensive insurance will provide coverage if the insured person has got a permanent total disability or has died in an accident. The insurer provides a sum of money in such situations to the insured person or their family.
- Civil riots damage: If your car has been damaged because of any civil disturbances or riots, then your comprehensive insurance will cover the costs to repair your car and if the damage is beyond repair, then it will provide you the cost of its replacement.
There are a few exclusions to comprehensive insurance as well. Here are some of the exclusions of comprehensive car insurance policy:
- Geographical location: Your comprehensive car insurance policy will not cover the damage caused to your car if the car was outside the geographical limits of the insurance policy.
- Pre-existing damages: Your policy will not cover the cost of any damage that has happened to your car before you bought the car insurance online.
- Wear and tear damage: Your comprehensive car insurance policy will not cover the costs of the parts damaged over time because of regular usage.
There are various add-on covers available that you can include in your comprehensive car insurance policy to enhance its coverage. Here are a few common add-on covers for your comprehensive insurance available in the market:
- Zero depreciation cover: Zero depreciation cover eliminates the depreciation cost of your car. You can get a higher claim settlement amount with this cover as it does not deduct the cost of the damaged parts.
- Engine protection cover: Engine protection cover provides additional coverage to the engine of your car. You can easily get the parts of your car engine repaired with this cover.
- Roadside assistance cover: Roadside assistance cover can be helpful if your car breaks down in the middle of the road. You can call for towing service, puncture service, or more such services and get assistance with it.
In conclusion, comprehensive car insurance covers various types of damages that happened to your car. Damages that occurred due to accidents, natural disasters, or theft are all covered under a comprehensive car insurance policy. There are certain limitations to comprehensive car insurance as well. Incidents related to geographical location, pre-existing damages, and wear and tear damages are not included under a comprehensive car insurance policy.
You can also look for various add-on covers such as zero depreciation cover, roadside assistance cover, or engine protection cover to enhance the coverage of your car insurance policy. These additional protections can be helpful in special circumstances. This will save you from any kind of financial worry about your car at the time of theft or accident. You can rely on your insurance policy and focus on other important things such as your recovery. Your comprehensive car insurance policy will take care of other things.
