5 advantages of car insurance in relation to vehicle protection

Despite being similar products, the advantages of car insurance in relation to vehicle protection may make you rethink when purchasing a product for your car.

There is a lot of confusion regarding auto insurance and vehicle protection, because many people think they are the same thing, but with different names.

The point is that it's not just the name that changes, but the type of service offered and the guarantees they offer.

In the case of insurance companies, they are regulated and supervised by Susep and comply with a series of legal obligations.

Those that offer vehicle protection tend to be associations that provide protection for the vehicle, due to the risks among members, however, without complying with the requirements demanded by Susep.

Although vehicle protection offers a more affordable price, the risks are also greater, as are the advantages less. See some things that can only be guaranteed when you have car insurance.

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Advantages of car insurance in relation to vehicle protection

1. Regulation

Insurance companies are regulated by Susep, which means that, if they do not comply with established standards, their license may be suspended. This gives the consumer greater peace of mind, as they know they are dealing with a serious and supervised company.

2. Risk management

With car insurance, all risks are transferred to the insurance company. This means that, if an incident occurs with the vehicle, the insurance company is responsible for covering the damage and carrying out repairs, or reimbursing the insured.

In the case of vehicle protection, the risks are shared among all associates, with no single person responsible for bearing the expenses arising from an accident.

3. Extent of Coverage

Car insurance offers a wider range of coverage, which can meet all drivers' needs. In addition to basic coverage, it is common for additional coverage to be available that protects practically all aspects of the vehicles, passengers and third parties involved.

4. Guaranteed Compensation

In the event of an accident, the insured person of automobile insurance is guaranteed to receive compensation as provided for in the policy. Furthermore, there is a legal maximum period for this compensation to be made.

In the case of vehicle protection, there is no defined time limit for compensation to be made, as this depends on the number of members involved in the association and also the amount available in cash.

5. Stability in insurance value

Car insurance has a policy that establishes a fixed amount to be paid for protection, without this amount changing due to accidents or other factors.

Regarding vehicle protection, the value may vary according to the expenses generated by the group, and may be adjusted without prior notice to members.

Is it worth having vehicle protection or car insurance?

In conclusion, it is clear that car insurance offers a series of advantages in relation to vehicle protection. Government regulation, the transfer of risks to the insurer, the breadth of coverage, the guarantee of compensation and the stability of the insurance value are aspects that provide greater security and peace of mind for policyholders.

Meanwhile, vehicle protection, although it may be a more affordable option, has some limitations, such as the sharing of risks between members and the possibility of variation in the value of monthly fees without prior notice. Given these points, it is clear that car insurance is the most reliable and comprehensive choice for those looking to protect their vehicle and ensure peace of mind in cases of unforeseen circumstances.

How to get a car insurance quote?

To get an online insurance quote quickly and conveniently, simply access our form on the websiteseguroauto.org. You'll find an intuitive and easy-to-use platform where you can enter relevant information about your vehicle and your coverage needs.

Based on this information, the system will generate several insurance options available on the market, allowing you to compare prices, coverage and benefits in a transparent way.

Furthermore, when you get an insurance quote online at insuranceauto.org, you will have the convenience of carrying out the entire process without leaving home, saving time and ensuring that you find the best protection option for your vehicle.