One small mistake when at the steering wheel of your car can change your life forever. One jumped stop sign; one late reaction to a changing traffic light; one reckless gear shift on an icy road, can lead to a car accident that can have financial, physical, and psychological ramifications.
In order to give yourself a financial safety net to protect you from – at the very least – the financial ramifications of a car crash, it is essential that you insure your car with the most comprehensive coverage available in your local area.
Below is a list of reasons why you should have comprehensive car insurance
It is a legal obligation
It is illegal to drive a motorcar on the roads without any form of insurance. If you are caught driving without car insurance, you are not liable to prison time; however, you will receive penalty points on your driving license and an unlimited fine. There are different minimum car insurance coverage requirements in each state or country, but it is best if you invest in the most comprehensive coverage you can acquire in your local area. This will ensure that you meet the requirements at all times; even if there are any law changes. For Canadian residents, belairdirect provides auto insurance across all principalities, and provides comprehensive coverage for all drivers.
Liability coverage is an essential part of your car insurance coverage. This type of coverage provides you with a financial safety net if you accidentally cause damage to someone’s car or cause injury to another person through reckless driving. Accidentally injuring someone through careless driving will undoubtedly lead to you feeling extremely guilty. However, while you mentally beat yourself up, ensure that your bank balance does not also take a hit by covering adding the highest possible liability coverage – usually $100,000 per injured person – to your car insurance plan.
Depending upon its severity, a car accident can cause untold physical trauma. Ensure that your automotive insurance policy will cover any personal medical expenses that you may encounter after a car accident. Comprehensive coverage will allow you to claim expenses for: Emergency Medical Technician and ambulance fees, hospital overnight stay, x-rays, emergency surgery, nursing and professional care, dental procedures, and even funeral costs if a car accident unfortunately results in fatal injury. Personal Injury Protection – if available in your local area – will also cover loss of earnings if you are unable to work due to car accident related injuries.
Car damage coverage
Ensure that you car insurance will cover car crash damage and also any damage caused by vandalism, theft, or natural disasters. Mechanic labor fees can be extremely excessive, and depending on their availability, new parts for a car can be so expensive that it may be worth simply buying a new car. In order to make sure you do not have to pay for the damage caused to your car, acquire automotive insurance that will pay for any mechanical damage that occurs in an accident.