4 Things You Should Know
about Car Insurance
#1 – The benefits offered by auto insurance varies from
insurer to insurer and also between various states in Australia. Usually policy
holders who have been injured in accidents get medical help for no additional
cost. Many auto insurance companies also offer road side assistance and a
courtesy car in case the policy holder’s car is not available for an extended
time.
#2 – The cost of car insurance depends on the policy holder’s age, sex and
driving record. Men under the age of 25 years will be charged higher premiums
compared to women of the same age. People older than 30 years who have driving
experience and have proved to be safe drivers will be charged a lower premium
for auto insurance.
#3 – Auto insurance is usually comprehensive which means that you and the
passengers in your car are protected in the case of a road accident.
Comprehensive plans also protect the policy holder’s car when the car has been
vandalized, stolen or has been damaged due to fire, water or floods. Legal and
medical costs related to road accidents will also be covered by the insurance
company when the policy holder opts for a comprehensive policy.
#4 – The only limitation to car insurance is in the case of vandalism. Most car
insurance companies do not offer maximum compensation for vandalism claims if
the car owner has not protected his vehicle adequately. Usually insurance
companies do not offer compensation if the car has been vandalized while parked
on a public road, however compensation will most likely be provided if the car
that was vandalized was parked in a private garage.
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