Owning a car comes with certain responsibilities. Not only would one be responsible for filling up the gas tank, general maintenance, and repair, he or she is also responsible for having car insurance. Car insurance is a requirement by law but having insurance also gives car owners peace of mind knowing that should an accident happen they are covered. Basic car insurance will cover most drivers for the damage they cause to the property of others. Other insurance plans also cover the policyholder's car in the event it is damaged. When basic coverage is not enough, policyholders can purchase add-ons to extend the coverage of their policies.
One widely used add-on is uninsured motorist insurance. Although car insurance is a requirement by law, there are many people out there driving without proper insurance. If an uninsured driver was to cause an accident, the victim would likely be left footing the bill to get his or her vehicle repaired. With uninsured motorist insurance, a policyholder who is victim to an accident caused by an uninsured driver would be able to get his or her vehicle repaired by the insurance company. If a motorist is insured and caused more damage than his or her insurance policy will cover, uninsured motorist insurance will cover policyholders for the remainder.
When a vehicle is too damaged to be repaired, the insurance company will make the decision to junk it out. This means the policyholder is paid the amount the car is worth at that time. The problem is, the value of a new car depreciates rapidly and the junk out price is not sufficient to cover the entire amount still owed on the car. A GAP insurance add-on is perfect for this type of situation. GAP insurance pays the remainder of what is owed on a financed vehicle once an insurance payment is made. This relieves the policyholder of any other financial responsibility for the financed car and allows them to quickly purchase a new vehicle.
Roadside assistance and car rental are two add-ons that any car owner should consider adding to his or her policy. Roadside assistance gives the policyholder the added benefit of being able to call a tow truck when it's needed, get a jump when a battery is dead, and many others. This can give motorists additional peace of mind when on the road. A car rental add-on helps policyholders pay for the costs associated with renting a car should their vehicle be damaged or is being repaired. This type of coverage may not cover the entire costs but does help tremendously.
Basic car insurance is all that is required by law and for the most part gives people the coverage they need. When basic coverage is not enough to fit a person's needs or his or her peace of mind, there is always auto insurance add-ons. These add-ons can extend the coverage of the current policy or can give policyholders added protection when they need it most.
Find the most competitive online insurance quotes at http://www.youronlineinsuranceagent.com
Article Source:http://EzineArticles.com/?expert=Nelson_McWilliams
Did you find this article helpful?00
Get Involved0 commentsSuggest a topicArticle ToolsPrint this articleE-mail to a friendEzinePublisherReport this articleCite this articleStay InformedGet notified by email when new articles are added to this category or written by this author.Subscribe to New Article Alerts: Insurance: Car-Auto
Nelson McWilliams
Car Auto Article FeedFind More ArticlesSearchSimilar ArticlesAre Online Insurance Quotes Accurate?Free Auto Insurance Online Price Quotes!Are Online Insurance Quotes What I'll Pay?Auto Insurance Online Quote - Save 40% to 50%Auto Insurance Online Website QuotesTaking The Confusion Out Of Car Insurance OnlineHow to Get Cheap Car Insurance Online in MaineCar Insurance Online Quotes Save Time and MoneyOnline Insurance Quotes For AutomobilesShopping For A Good Local Auto Insurance OnlineRecent ArticlesHow To Choose The Best Car Insurance DealRental Car InsuranceIn Depth Look: Pay As You DriveHigh Risk Car Insurance TipsAuto Insurance Laws And RequirementsLiability Insurance And Financial ResponsibilityThe Best Motor Trade Insurance Policies Are Up for Grabs Right Now!How to Get Cheap Auto InsuranceFacts About Car Rental InsuranceArizona Car Insurance - A Good Deal Isn't Hard to FindSubmitted On March 02, 2012. Viewed 3 times. Word count: 497.MLA Style Citation:McWilliams, Nelson".".2 Mar. 2012EzineArticles.com.4 Mar. 2012
McWilliams, N. (2012, March 2). . Retrieved March 4, 2012, from http://ezinearticles.com/?Add-Ons-for-Car-Insurance&id=6915459Chicago Style Citation:
McWilliams, Nelson "." EzineArticles.com. http://ezinearticles.com/?Add-Ons-for-Car-Insurance&id=6915459
EzineArticles.com© 2012 EzineArticles.comAll Rights Reserved WorldwideAbout UsFAQContact UsMember BenefitsPrivacy PolicyShopSite MapBlogTrainingVideo ArchiveAdvertisingAffiliatesCartoonsAuthorsSubmit ArticlesMembers LoginPremium MembershipExpert AuthorsEndorsementsEditorial GuidelinesTerms of ServicePublishersFollow UsTerms Of ServiceEzines / Email AlertsManage SubscriptionsEzineArticles RSS
View the Original article
No comments:
Post a Comment