Car insurance will pay for car repairs that are due to an accident or collision with another vehicle, or because of an incident such as theft, vandalism or fire. Of course, you have to pay for the right coverage beyond state minimums.
Traditional car insurance does not cover car repairs. Routine maintenance like oil changes, new tires and fluids are never covered and must be paid for out-of-pocket as a cost of car ownership.
But there are some types of policies that may help with some other expenses, depending on your car’s age and mileage. Read on to learn about car repairs and insurance coverage.
Types of Auto Insurance for Car Repairs
If you have to make car repairs because of an accident or collision with another car, Collision coverage is what you will need to avoid costly bills. When purchasing Collision coverage, you will choose a coverage amount and a deductible. The deductible is the amount you will pay out-of-pocket before the insurance coverage kicks in.
If your car is worth more than you have on hand to replace it, you should consider Collision coverage.
If you have to make car repairs because of some other type of damage, such as vandalism or hail, it could be covered if you carry Comprehensive coverage. This type of coverage is used for non-accident related damage. Just like Collision, it comes with a deductible that you will have to satisfy before the insurance company will begin to pay the bills.
If your car is not too old but you are out of the extended warranty period, you may want to consider Car Repair insurance coverage. With Car Repair insurance you could potentially cover a car for up to 7 years and 100,000 miles. Major repairs are covered for things like the engine, transmission, air conditioning and brakes. Regular maintenance items like oil or fluid changes, tires, etc. are not covered, of course. Car repair insurance can be a good option for like-new cars that are out of warranty
How Else Can I Protect My Car?
Beyond carrying the right amount of coverage, an amount that does not leave you financially drained should you have an accident, there are other ways to protect your car and yourself.
- Rental Reimbursement – Help pay for a rental car or other form of transportation after an accident
- Gap Insurance – Help pay off the difference between a cash payout for a totaled car and what you owe to a lessor/finance company.
- Roadside Assistance – Helps protect you on the road with assistance for things like towing, flat tires, dead batteries and keys locked in the car.
If you think it’s time to review car insurance for these types of coverage, InsuranceWins is the place to start. Fill out our form and we’ll set you up with quotes from well-known companies so you can begin to compare rates. Protect yourself with the right car insurance!