One highly recommended car protection package is auto collision insurance. Yet, very few car owners avail of this package and this is understandable. Apart from being an unnecessary car or vehicle expense, this type of insurance policy is actually not a requirement under US laws.
However, getting auto collision insurance appears quite logical. If vehicular mishaps cannot be prevented, then at least prepare for them – and insurance will always be a good form of preparation. Having collision insurance not only spares you from unwanted worries, it also saves money.
There are actually several types of auto insurance packages and each one has a unique coverage offering. The first and most basic is liability insurance which provides financial assistance for payments on damages and injuries incurred by a third party with you as the cause of the accident. You are probably familiar with this coverage type because it just happens to be the one required by law. If you get involved in any vehicular accident without liability coverage, you could possibly end up facing stiff charges from the government, apart from paying an aggrieved party for damages and injuries incurred.
The second most common coverage type is a comprehensive package; this covers your car from damages not caused by vehicular accidents. These factors include weather, vandalism, theft, etc. Under this kind of protection, your insurance company will shoulder payment for damages incurred, and in some cases, even agree to replace an entire car depending on your accident involvement.
A third protection package is auto collision insurance, also known as car accident coverage, which is quite similar to comprehensive insurance. Its difference lies in its basic requirement that car damage is due to an on-the-road accident. Under this scenario, an insurance provider will pay for all possible repairs an owner will need on his car. With this coverage form, even if you were at fault, an insurer would still need to provide you all the needed financial assistance so long as your accident occurred while on the road
For drivers who make use of their vehicles on a daily basis, either when going to work, attending school, or going off to long trips, auto collision insurance comes highly recommended. This is because frequent road travels expose you to greater risks of meeting an accident. Unless you have already proven yourself to be highly-capable as a driver, it is strongly suggested that you get this insurance protection. It will not only earn you good driving credit, it may also help you earn added years for your life.
