Have you ever walked out your door in the morning and headed off to work when you noticed something very out of the ordinary with your car? This out of the ordinary event centers on a huge dent that has been impacted on one of the car doors. And, yes, it is going to cost a great deal of money to repair. Unless, of course, you have an excellent collision auto insurance policy in place that will handle the costs. These policies are extremely helpful since they free you of the financial burden associated with such damage.
No one likes to see any damage done to their car. But, accidents do happen and they happen on the road quite frequently. Actually, they sometimes happen even when you care is (supposedly) safely parked on the street. Some days, we just get those unexpected and unwelcome surprises that involve a car getting severely dented.
Collision Coverage Can Save a Fortune in Repair Bills
It is important to point out that it is best to get the best collision coverage possible because body work on an automobile can yield enormous costs. In fact, some of the bills for “simple and basic” body work can end up costing a fortune in repairs. For example, a minor accident can require the replacing on a quarter panel and a rear bumper. This is certainly not a complex body work job to perform. The ability to acquire the parts for such repair work is no where near as difficult as it would be to replace some engine parts. So, it would be fair to assume such a job would come with a relatively small price tag, correct? Actually, such a seemingly minor accident could yield costs upwards of $1,200 to repair. This is one very clear example as to why it would be helpful to have as comprehensive a collision auto insurance policy as possible.
Know Your Out of Pocket Responsibilities
It is also extremely important to truly understand your coverage. If you have a $500 deductible that means you will have to pay out of pocket for the first $500 of the bill. Then, there are policies that come with a $1,000 deductible which, of course, means that the first $1,000 is what comes out of pocket. So, that means with a $1,200 bill your insurance would cover the $700 and $200 respectively. This sometimes comes as a shock to many people that purchase collision auto insurance coverage as they assume the totality of the bill is covered. Yes, there are policies which would cover 100% of the repair bills. But does your specific auto insurance police have such coverage? If it does not, you may wish to modify the coverage. The main point here is that you should know exactly what it is your insurance will pay out in the aftermath of a collision.
Read the Fine Print to Find Additional Savings
It is also extremely helpful to read the collision auto insurance policy as closely as possible. In some cases, the deductible can be waived depending upon the circumstances of the accident. For example, if you are hit by an uninsured driver and you have coverage against such an individual, the deductible might be completely waived. Of course, policies will vary but a waiver may very well be in there if you have a solid coverage plan.
Of course, in order to find such a policy it becomes necessary to explore a number of quotes. Thankfully, there is a very easy way to acquire quotes on various excellent auto insurance policies. Simply use the Free Auto Insurance Rate Finder tool at the top of the page. It will definitely provide some excellent information on great policies.