| Having a car provides ease of commuting from | | | | Collision Insurance: |
| one place to another speedily and also offers | | | | Collision insurance covers for loss and damage |
| better security as compared to a two wheeler. | | | | caused when your car collides with another car or |
| Today, more and more people are purchasing | | | | property. This kind of damage is covered |
| cars because of its augmented competence and | | | | completely over the deductible amount up to the |
| easy transportation. Having car insurance is as | | | | limit of the policy but it does not imply that you |
| significant as life insurance. Insurance offers you | | | | can deliberately hit a car into a pole to make |
| financial assistance in case of unexpected | | | | money. The insurance companies investigate |
| situations. No one knows about his future and do | | | | about the accident completely before giving you |
| not recognize what is going to happen next. It is | | | | the claim |
| capricious and nothing is in our hand apart from | | | | Comprehensive Insurance - |
| for protecting ourselves against the medical and | | | | Comprehensive insurance covers insured car |
| damage costs. Here are few kinds of car | | | | against any kind of damage that occurs due to |
| insurances available: | | | | some other reason than collision. The reason for |
| Liability Insurance: | | | | damage can be natural disaster, theft, vandalism, |
| It is a type of car insurance that covers you any | | | | etc when you car is smashed by a hailstorm then |
| damage to body and property while driving. | | | | you can file an insurance claim for it under your |
| Liability insurance covers for both physical damage | | | | comprehensive insurance policy. But then you will |
| and loss to property that is caused in an accident | | | | have to look after the deductibles. |
| due to your fault or others. The damaged | | | | There are several types of insurance plans |
| property or person will be financially assisted in | | | | available with different insurance companies. The |
| this case but you will have to pay the deductibles | | | | premium rate, deductibles and plan any vary from |
| as described by your insurance company in its | | | | one company to another. Therefore, one should |
| plan. The deductible can range from $100 to | | | | research the market carefully before choosing an |
| $1000. | | | | insurance policy. |