Does My Car Insurance Cover Accidental Damage?

  • damaged car after accident

It is extremely important to know exactly what your car insurance covers. If you currently have a car insurance policy and aren’t sure if you are covered for accidental damage, there are several ways you find out. The easiest way is to call your car insurance company. The insurance company will tell you the exact things that you have coverage for. They will also be able to tell you what the price will be to add an additional coverage to a policy if you want to. Most basic car insurance plans do not have accidental coverage, which is something that you might want to keep in mind.

Accidental damage car insurance definition

fire damage

Accidental damage is the same as comprehensive coverage. Comprehensive coverage covers your vehicle when you receive damage from anything other than a collision. If you are looking to get car insurance, you may want to know if your current car insurance coverage covers you for accidental damage. To be able to do that, you need to know exactly what accidental damage is. To show you in the easiest way possible, here is a list of accidental damages that might occur:

  • Broken windshield
  • Theft or vandalism
  • Hitting an animal on the road
  • Environmental damage e.g. tornado, hurricane etc.
  • Fire damage
  • Falling object damage

What does car insurance cover?

Your basic car insurance package will not have comprehensive insurance coverage in it. If you want to get this coverage on your insurance, you’re going to have to add it. Basic car insurance coverage will likely cover you for liability, but not much else. There are different amounts of liability coverage you can get as well as different amounts of comprehensive and collision coverage. To get more coverage than the basic liability coverage, you must add collision or comprehensive coverage to your policy. These two coverages are completely different. Collision will cover you in the event you get into it an accident with another vehicle. While comprehensive coverage will cover you if you receive accidental damage from something other than a vehicle. If you have questions, make sure you talk to your car insurance provider to clear things up.

 Comprehensive insurance

To be able to properly decide if you want to get comprehensive insurance coverage, you need to know the ins and outs of this insurance policy. If you hit another vehicle or some sort of obstacle, comprehensive coverage will not cover you. Comprehensive coverage, also, will not cover things that are stolen from inside of your vehicle. There are different amounts of comprehensive coverage you can add to your insurance policy. Different companies cover different types of accidental damage and will charge different amounts for these types of damage. Remember, it is always a good idea to look at the fine print before adding something to your policy. You don’t want to find out after the fact, that you don’t have the coverage that you thought you had.

Is accidental damage insurance worth it?

accidental damage

If you own an expensive vehicle, it might be worth it to get accidental damage coverage. This is simply because small repairs on an expensive vehicle can cost you a whole lot of money. If you think it is unlikely that you will receive accidental damage at all, you might not want to get it. Accidental damage coverage will surely add some cost to your insurance premium, which is important to keep in mind. If you have a cheaper car it doesn’t necessarily mean that you shouldn’t get accidental damage insurance either. Some accidental damage can cause your vehicle to become completely totaled and unusable. If this is the case, it could be worth it to get accidental damage insurance as you would be forced to buy a brand new vehicle.

What if I damage my own car?

Depending on how the damage occurs to your vehicle, it may or may not go through as accidental damage. When car damage is severe enough, it is important to report it to your insurance company to get it properly repaired. Your insurance company will be able to tell you what kind of damage was done to your vehicle. If you were in a collision, you are much more likely to have an increase in your insurance premium afterward. However, if there was accidental damage done, you might have a chance to keep your insurance premium close to the same amount. There are many ways that you can do damage to your own car and some of them aren’t directly your fault. The insurance company will inquire about damages and it is important to have answers for them.

Is it worth claiming on car insurance for a dent?

dent

Unfortunately, depending on how bad of a dent you have, it might not be worth claiming insurance for. This is simply because insurance companies see a claim and see a high risk. Damage such as a dent could mean that you are regularly parking your car in a dangerous area. A small dent can also mean that you aren’t the most cautious driver. These things put together may mean that a dent is not worth claiming. However, it is important to consider the value of your vehicle when making this decision. If you have a new vehicle and a dent is going to be expensive to remove, you might need to put it through your insurance. It is just important to realize that any claim on your insurance is certainly going to increase your annual insurance rate.

To Conclude

When you own a car, you never really know when accidental damage is going to occur. A lot of people can get away with having no accidental damage coverage. If your vehicle isn’t all that expensive to start out with, you might not want to get this coverage. Adding this policy to your premium will certainly increase your monthly payments. However, if you are someone who wants peace of mind, it might be worth it for you. A car can definitely be destroyed from accidental damage and if that happens, it is nice to have coverage to replace your vehicle.

Resources

http://www.autoinsuresavings.org/car-insurance-for-accidental-damage/

https://www.dmv.org/insurance/damaging-your-own-property-and-car-insurance-coverage.php