Auto insurance companies offer many options to their customers for them to contract the best or that which is according to their needs. There are some coverage modalities you must know, but in this article we are going to talk about third party policy. Among other types of coverage, this is the most basic and low cost one you will find. Contracting this one, you will observe what law commands, complying with liability coverage.
If you have contracted this policy, the company will assume material or bodily damage that can be caused to another person or car. It is indispensable to know that if the accident was your entire fault, the insurance company will not take self damages over.
It also include the voluntary liability policy, this means that it may amplify the coverage and guaranties covered by compensations. Another aspect included by this kind of policy is the travel assistance; this is that if you have an accident or some mechanical failure on your way or travel destination, the insurance company may send a crane to carry your car until a reparation garage and carry passengers until the place you were going to.
Legal assistance is also included in the third party coverage, so you can receive the help you need from a lawyer in case of any accident. Nowadays, insurance companies are amplifying the third party policy adding other things like the accidents of the drivers. Other auto insurance companies offer the so called amplified third party insurance which allows you to enjoy more services avoiding paying all the amount for a comprehensive coverage.
Amplified third party auto insurance coverage includes: compulsory liability insurance which guarantee the payment for third party damages, voluntary liability insurance, this assumes travel assistance, legal defense, theft, fire, windshield and crystal damages. This may be added in case of total vehicle loss. Vehicle scale of assessment is applied in this case, too; when the company is looking for the market value of the auto. Damage caused to windshields and crystals of the car can be covered by this kind of insurance offering also home service.
In case of fire, it does not matter if its origin is external or internal; this policy covers it even when lightning strikes the car. If it is completely necessary to have your car repaired, the car time usage must be considered. If the car has two years of usage, the company will cover up to a 70% of the reparation cost according to its value as new. If the car is older, the reparation cost is paid just if the amount is lower than its market value. This same apply in case of total loss.
Well, this all about this kind of auto insurance coverage, as you can see, the amplified form may be more interesting, and the best is cost which is lower than comprehensive one. The mean recommendation is to compare among the kind of services offered by the different companies and elect the best one for you and your auto.
If you have contracted this policy, the company will assume material or bodily damage that can be caused to another person or car. It is indispensable to know that if the accident was your entire fault, the insurance company will not take self damages over.
It also include the voluntary liability policy, this means that it may amplify the coverage and guaranties covered by compensations. Another aspect included by this kind of policy is the travel assistance; this is that if you have an accident or some mechanical failure on your way or travel destination, the insurance company may send a crane to carry your car until a reparation garage and carry passengers until the place you were going to.
Legal assistance is also included in the third party coverage, so you can receive the help you need from a lawyer in case of any accident. Nowadays, insurance companies are amplifying the third party policy adding other things like the accidents of the drivers. Other auto insurance companies offer the so called amplified third party insurance which allows you to enjoy more services avoiding paying all the amount for a comprehensive coverage.
Amplified third party auto insurance coverage includes: compulsory liability insurance which guarantee the payment for third party damages, voluntary liability insurance, this assumes travel assistance, legal defense, theft, fire, windshield and crystal damages. This may be added in case of total vehicle loss. Vehicle scale of assessment is applied in this case, too; when the company is looking for the market value of the auto. Damage caused to windshields and crystals of the car can be covered by this kind of insurance offering also home service.
In case of fire, it does not matter if its origin is external or internal; this policy covers it even when lightning strikes the car. If it is completely necessary to have your car repaired, the car time usage must be considered. If the car has two years of usage, the company will cover up to a 70% of the reparation cost according to its value as new. If the car is older, the reparation cost is paid just if the amount is lower than its market value. This same apply in case of total loss.
Well, this all about this kind of auto insurance coverage, as you can see, the amplified form may be more interesting, and the best is cost which is lower than comprehensive one. The mean recommendation is to compare among the kind of services offered by the different companies and elect the best one for you and your auto.
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