Auto body shops use the OEM equipment manufacturers (OEM) however, other shops might use aftermarket components or used parts to lower expenses. Be aware that liability insurance does generally not cover car damage or accidents. You’ll have to purchase collision insurance. In the next article we’ll go over what collision coverage is as well as what it covers.
What is Collision Coverage?
If your car has been damaged during an accident, the insurer will pay for repairs regardless of the individual at fault. The insurance covers repairs to the body such as scratches and replacing fenders. The insurance also repairs or changes other car parts. Although collision insurance is not required, you might be required to have it if the car was involved in an accident.
According to WalletHub collision insurance, the cost is an annual amount of $382. It could vary based on the extent of the damages, the type of car, and other elements. The collision insurance, however, can ease the cost in the event of an accident. It can also help in the repair of your car.
Insurance for collisions can help cover the damage resulted from hitting a tree or a pole, as well as any other item. It can also cover body-related collision repair. It is important to know the fact that collision insurance does not cover damage to another person’s car or home. You’ll need liability insurance for such a situation.
Comprehensive Car Insurance: What Do You Get?
Comprehensive car insurance, often referred to as ‘other than collision’, coverage can be used to cover various losses on vehicles and repairs to the car’s body. The type of insurance offered can cover damage from burglary vandalism, fire hail and many other types of events. If you have comprehensive insurance you are able to drive with certainty knowing that your insurance is able to cover any eventuality.
Bankrate estimates that dispute over the comprehensive insurance of a car costs around $2,014 per year. It all depends on who is the beneficiary.