When it comes to buy protection for vehicle, most people think auto insurance with minimum liability based on state requirements. However, there is one type of insurance that some people probably miss: auto repair insurance. Like regular auto insurance, this type of insurance gives coverage for your car, but aimed for repairmen works. Unfortunately, not many people choose this insurance together with their regular auto insurance; some because they do not know it, and some because they think that regular auto insurance is enough.
If you plan of keeping your car for a long time, considering auto repair insurance is not a bad idea. In fact, you can get a lot of benefits, especially when your car warranty period is finally over. You can use this insurance to protect your car from wear and tear, whether from the part that is damaged quickly, or parts that tend to be ruined over time.
Why You Should Buy Auto Repair Insurance
Basically, auto repair insurance is used to cover your car’s repair over certain parts such as bumper, axle, machine breakdown, and such. Of course, the insurance is different from your usual auto insurance, and they are paid with separate calculations. Just like different coverage details some companies offer, you also have many options for repair insurance. This type of insurance is less known compared to auto insurance, but this insurance can be really helpful when you need it most, especially when you are involved in certain happenings that cause some damage to your car parts.
This insurance is also useful if you already have your car warranty period over, if you have old car that requires specific parts when you fix it, or if you want to keep your car for a long time. Sometimes, when you bring your car to fix at a repair shop, the repairman will ask about auto repair insurance, which is something that will be helpful for your whole repairmen coverage. If you choose the right policy, you can get really helpful financial support.
Insurance companies give many options for auto repair policy; some of them cover wear and tear, while other cover only machine breakdown as one of the most common problems a car can experience. Therefore, if you are interested about having this type of insurance, you must also think about some factors that determine what coverage you can get (which must be suitable for your needs) and how much you should pay.
What to Think About When Looking for Repair Insurance
Since auto repair insurance is quite different from regular auto insurance in nature, you should shop around just like what you do with any other insurance types. Different companies offer different coverage types; for example, some companies cover mechanical breakdown, while others offer the same service together with wear and tear part coverage. Some offer repair for mechanical system (called bumper to bumper), while others take care of mechanical things that happen on parts where the oil runs through. Each person may need something different depend on what kind of service that suits his or her needs.
Therefore, when looking for repair insurance, you need to pay attention to what the policy offers and what you actually need. Common policy offers mechanical breakdown combined with regular wear and tear coverage, but certain companies may offer separated coverage for those two, or even have more specific protection factors. Here are things you need to do:
- Shop around. Just like regular auto insurance, you need to shop around and see each company’s policy to see which one you actually need and how much you must pay for. You can also look for free quotes first before you actually visit an insurance company.
- See the details of the policy. As explained above, you may get different details in the policy, so make sure you choose what coverage you actually need for your vehicle. Machine breakdown coverage is the most common one, but if you have car that you want to keep in good condition, you must consider having insurance policy with wear and tear coverage.
- Ask about certain parts that the insurance will not cover. Usually, the auto repair insurance company will give detailed information about what parts it will not cover. For example, if your car radiator experiences faulty and causes your machine to overheat, you will not be covered. Parts like windshield parts and brake pads are usually not covered.
When your car’s warranty is finally over, you can get really helpful financial support for your car repair.
Auto repair insurance may not be as familiar as regular car insurance, but this is a great option if you want to keep your car in good condition for a long time, and even better when your car finally runs out of warranty period.