Auto insurance provides many benefits, but you may not be aware of all of them. Here are 5 surprises about the benefits of auto insurance that you probably didn’t know before now. If you’re thinking about getting or already have auto insurance, this list can help you get even more from your policy than you thought possible!
Having auto insurance lowers your chances of being sued
If you’re ever involved in an accident, auto insurance can help protect you from being sued by the other driver. Even if the accident was your fault, auto insurance can help pay for the other driver’s medical bills and property damage. If you don’t have auto insurance, you could be sued for much more than you would have to pay for insurance premiums.
Getting an auto insurance quote online saves you money
Many people think that getting an auto insurance quote online will cost them more money than going through a traditional insurance company. However, this is not the case. In fact, you can often save money by getting an auto insurance quote online. Here are five surprising benefits of getting an auto insurance quote online
Automatic renewal helps protect you from fraud
Many people are surprised to learn that one of the benefits of auto insurance is protection from fraud. If you have auto insurance, your insurer will automatically renew your policy each year, provided you continue to pay your premiums on time. This means that if someone tries to take out a new policy in your name, the insurer will know that you already have coverage and will reject the application. This can help protect you from becoming a victim of identity theft.
Automobile insurance provides replacement services
In the event that your car is totaled or stolen, auto insurance will provide you with the funds necessary to replace it. This protection is especially important if you have a loan or lease on your vehicle.
Auto insurance can also help pay for repairs: If your car is damaged in an accident, auto insurance can help pay for the repairs. Even if you are at fault, your insurance can help cover the cost of repairs.
Comprehensive car insurance includes coverage for all vehicle damages
- Many people think that auto insurance only covers damages caused by accidents, but comprehensive car insurance actually covers a lot more.
- If your car is stolen, vandalized, or damaged by a natural disaster, your comprehensive insurance will cover the repairs.
- Even if you’re not in an accident, comprehensive coverage protects you from liability if someone sues you for damages to their property or person.