Car insurance. It is one of those things that we never want to have to use, but we are always thankful for when life knocks on our doors. But here’s the kicker: Your average car insurance doesn’t cover every single situation. That’s where add-ons come in; just think of them as the enhancers of your policy, ensuring you are well prepared to deal with auto-related adversities of life. Worrying, what is worth adding to your policy? We’re here to share with you what we consider to be absolute must-have add-ons in order to boost your auto insurance.
Basic Understanding of your Car Insurance policy
Before we drive deeper, let us take a step back and see what’s included in one’s average policy. Typically, against liability (i.e., damage caused by you to another person’s vehicles or properties), a basic car insurance policy extends coverage. Depending on the requirements of that particular state, it may provide limited protection for the vehicle as well. But guess what? Basic usually means bare minimum. If you aim to have peace of mind as opposed to regretting your decision later, then it is time for you to stop there and check out those add-ons that were designed for scenarios such as these.
Betterment
Is your car insurance limited to accidents only? Oh dear! Comprehensive coverage is rather like a blanket that covers your car from non-collision incidents. We are discussing anything from car theft, vandalism, natural disasters like floods or hail to tree branches falling on your parked car or even that messy salad shopping cart. Comprehensive coverage means that you don’t have to worry about what else they throw their way, knowing that life is inherently chaotic.
Personal Injury Protection
Accidents can injure people as well as damage vehicles. In fact, monetary demands such as hospital bills, lost wages, and rehabilitative costs can rise much higher than even the most expensive models, such as a Ferrari accelerating to 60 miles. Here’s where personal injury protection (PIP) and medical payments coverage work. These add-ons cover the medical expenses incurred by you or your passengers, irrespective of who was to be liable for the accident. It’s like carrying hospital coverage in your car; that would be quite practical, wouldn’t it?
Uninsured/Underinsured Motorist Protection
Initially, allow me to share this surprising statistic: within the USA, there are 1 in 8 people who do not insure their automobile. Of course, this then makes matters more interesting when you are rear-ended by one amongst them (my bad). What steps do you then take? Rather than tearing your hair out and stressing over how to fix the car, you can easily rely on Uninsured/Under-Insured Motorist Protection. This coverage complements scenarios when the other driver’s insurance fails to come through by covering the injuries as well as repair costs that the other driver’s policy would have taken care of.
Roadside Assistance and Towing Coverage
Have you had to deal with a flat tire, a dead battery, or worse, been locked out of your own car? We’ve all been there, and it’s never a good time. Thankfully, there are extras for your policy that can help you out. In case you require a tow, a kickstart, or to lock your keys in your vehicle, this rider will be your savior. Think of your car insurance as your best friend, who also happens to be a mechanic. Whenever you find yourself stuck somewhere, they will turn up with a complete toolbox.
Rental Car Reimbursement
Losing a car due to an accident is unfortunate, but even that does not mean the person should stop living his daily life. But what does a person do when they need a car and their vehicle is inoperable? The answer is very simple: car rental reimbursement comes to the rescue. This has the potential to cover the costs incurred while unleashing the power of add-ons. That’s like additional insurance for vehicles that can help people in the commute for a job, school, or even a fun trip out of town. Why rely on Uber when the option of renting is comfortably available?
Customized Equipment Coverage
Enhanced car audio system, addition of custom rims, or any other suitable hormonal transformation that fits the best language you deliver your car in? What a pity; having basic insurance will not cover that. Customised equipment coverage allows you to cover the high-ripped-off upgrades, which include beautifully designed hubcaps among other pieces that might go missing. This disadvantages every car enthusiast who can afford and relate to this kind of liberation. This one is definitely worth having, especially for people who have put in a lot of effort to jazz up their rides.
FAQs
1. Are add-ons worth the extra fee?
Absolutely yes, particularly if you require more comprehensive than customary cover. Add-ons can be viewed as an extra cost for completeness.
2. How do I decide on which add-ons to choose?
Evaluate what is required! Are you passionate about cross-country travel? Then roadside assistance is a must. Are you driving in a high-risk zone? Go for comprehensives. Planning to settle for medical bills, then PIP is your pal.
3. Am I supposed to get every single add-on?
Nope—be thorough and selective! Add-ons are provided to enhance your standard policy and not blanket it. Consider factors that are relevant to your needs.
