The road accident stories we’ve heard are saddening and shocking; vehicular accidents can take away entire families, can turn well-loved children into sudden orphans, and can render strong athletes into crippled patients. Vehicular accidents can disfigure the human life in so many ways, but in most cases, they stem from one primary cause: collision.
This is the very reason why auto collision insurance is a necessary policy for every single person authorized to go behind the wheel. The risk is too great and if an accident unfortunately occurs, the loss is too devastating to handle without the proper insurance coverage.
Collision Insurance and What it Covers
When driving, it is inevitable for the driver to be exposed to other entities or objects that may turn out to be antagonistic. Other vehicles, pedestrians, objects, and even road surfaces could cause an accident once it collides with one’s vehicle. If and when this would happen, collision insurance would cover the driver, no matter whose fault it was that the accident occurred. Coverage here would include taking care of repair costs, or allowing vehicle replacement if the collision has damaged the car so badly. Because vehicular collisions are largely associated with road behavior, collision insurance premiums greatly depend on the driver’s profile. Factors, like driving experience, age, anticipated mileage per year, area of mobility, as well as the car’s worth and value, are all considered by insurance companies in creating the insurance policies for their clients.
It is wise for every motorist to get auto collision insurance coverage not only because statistics warn motorists that vehicular accidents are the primary cause of fatalities in the United States; but also because damage to one’s car could fetch quite a hefty value.
These Hard Times
With today’s economic meltdown, it is understandable that most of the motorists who contemplate getting collision insurance sometimes change their minds at the last minute because they deem the premiums to be too expensive. What they fail to note, however, is that without the coverage of auto collision insurance, they would end up paying several times more the amount spent on premiums. Vehicle repair is quite expensive, even when the vehicle has sustained only minor dents and scratches. Without the proper coverage, the vehicle owner is already at risk to lose thousands of dollars in repairs alone. Auto collision insurance is most often paired with comprehensive auto insurance and GAP insurance as full coverage for automobile owners or drivers.