Why Car Insurance Is a MUST!
The second largest purchase that most people will make in their lifetime is the purchase of a new vehicle. This falls directly behind purchasing and wning a house. The main difference is that statistics show that whilst people might change their house two or three times in a lifetime, the same owner will change vehicles at least ten times if not closer to twenty.
The law requires that every car on the road fall under basic or compulsory insurance. The law requires this insurance in the event of an accident where you are at fault with other vehicles. Your insurance will cover the damages done to other vehicles in the accident. The insurance will not cover your vehicle because you were responsible.
Most people who have owned a car at one time or another are well aware of the minor details surrounding car insurance, which doesn't hold true for first time car owners.
A vehicle is a valuable asset and one you should always maintain to protect. You would make a very unwise move not to. You don't want to be viewed as stupid do you?
Of course you do not. But people will refer to you as stupid if you go out, are involved in an accident, and now have no means to cover the damages. Now you are walking or biking to work.
However if you are covered by comprehensive car insurance, the damages are covered by the insurance agency.
That is why car insurance providers heavily recommend comprehensive coverage.
For someone like you who is buying their first car and contemplating the fact that their comprehensive car insurance policy seems like a lot of money, then it's important to realize that you have no choice. Insurance providers look at the value of the car as well as the age and experience to calculate insurance premiums.
If you are young you are going to pay a lot. Comprehensive car insurance also covers your vehicle in the unfortunate instance of a car theft.
Car theft happens all the time, as many robbers find radios, disc players, GPS systems, and other items in the car very desirable. Protect your goods with extensive coverage. - 21392
The law requires that every car on the road fall under basic or compulsory insurance. The law requires this insurance in the event of an accident where you are at fault with other vehicles. Your insurance will cover the damages done to other vehicles in the accident. The insurance will not cover your vehicle because you were responsible.
Most people who have owned a car at one time or another are well aware of the minor details surrounding car insurance, which doesn't hold true for first time car owners.
A vehicle is a valuable asset and one you should always maintain to protect. You would make a very unwise move not to. You don't want to be viewed as stupid do you?
Of course you do not. But people will refer to you as stupid if you go out, are involved in an accident, and now have no means to cover the damages. Now you are walking or biking to work.
However if you are covered by comprehensive car insurance, the damages are covered by the insurance agency.
That is why car insurance providers heavily recommend comprehensive coverage.
For someone like you who is buying their first car and contemplating the fact that their comprehensive car insurance policy seems like a lot of money, then it's important to realize that you have no choice. Insurance providers look at the value of the car as well as the age and experience to calculate insurance premiums.
If you are young you are going to pay a lot. Comprehensive car insurance also covers your vehicle in the unfortunate instance of a car theft.
Car theft happens all the time, as many robbers find radios, disc players, GPS systems, and other items in the car very desirable. Protect your goods with extensive coverage. - 21392
About the Author:
Graham McKenzie is the content Syndication Manager at Insurance123.co.za South Africans leading car insurance information portal
posted by X - Men @ 12:55 AM
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