What are the types of auto insurance coverage?

It is essential to know the types of auto insurance coverage. This way, you will know exactly what to purchase for your vehicle. See the text.

There are several types of auto insurance coverage and, before signing the insurance contract, it is essential to know what protections are guaranteed by the plan.

This way, you can be sure of the situations in which your car will be protected.

In fact, car insurance coverage is exactly that: the situation in which the car will be covered.

In other words, the loss will be reimbursed by the insurer.

With compensation from the insurer, the consumer is protected from major losses.

Furthermore, his life will be made easier, as the vehicle repairs will be expedited by the responsible company.

There are basically two types of auto insurance coverage: basic and comprehensive.

The basic modality only covers robbery, theft and arson.

Comprehensive damage will cover collision, ramming, overturning or skidding and an external object falling onto the vehicle.

Comprehensive insurance coverage also includes:

• Damage caused when the vehicle is being transported;
• Harmful act committed by third parties;
• Flooding, inundation and flooding;
• Storm, gale, hail and earthquake;
• Lightning, fire or explosion;
• Total or partial theft or robbery;
• Damage caused by the cargo being transported.

Below, we will talk a little more about each of the coverages that you can purchase in car insurance. Stay tuned!

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Theft

Car theft occurs when there is contact with the victim, and this can include violence.

The situation is only considered when the entire vehicle is taken.

Subtracting accessories only requires specific coverage for them.

Theft

In cases of theft, the insured only realizes that the car has been stolen later.

This is because he will not have witnessed the fact.

The rule is the same as for theft, only concerning the complete theft of the car.

Fire

A car fire can occur due to a malfunction or external factors.

Collision

A collision usually mainly affects the exterior of the car but, depending on its severity, it can damage the engine and other parts of the vehicle.

The most well-known type of collision is a crash, but insurance also covers pile-ups.

Rollover or skidding

When the driver loses control of the vehicle, the car can roll over or skid.

It may even leave the track or roll.

External object falling onto the vehicle

Vehicle Object Coverage covers any object that could cause damage to the vehicle.

Such as a stone that breaks the front window or another object that comes loose, for example, from a truck.

Damage caused by the cargo being transported

This occurs when the vehicle carries an object that could come loose and cause damage.

Insurance coverage covers losses caused by this situation.

Harmful act committed by third parties

In this case, the car is damaged due to other people.

It is essential to know the rules for this type of coverage in your contract.

This is because the insurer often requests that the person who caused the damage (the third party) pay for the loss.

If this is the case, you may not be able to count on assistance from the company, having to wait for the goodwill of the other individual.

Flooding, inundation and flooding

The three situations occur as a result of climate problems and the structure of cities.

The large volume of water can damage the exterior of the car, its engine and the interior of the vehicle.

Hangover, gale, hail, earthquake and lightning

All of those mentioned are due to climate problems.

Problems can cause damage, mainly, to the car's bodywork and windows.

With the insurance company's protection, any losses will be reimbursed.

But it is important to know which parts of the vehicle will be covered.

In many cases, the glass cover is sold separately.

Coverage for damage to third parties

This coverage can also be added to the insurance at the insured's request.

It is known as Optional Civil Liability for Vehicles (RCF-V).

Third party coverage will guarantee the payment of compensation to other people who have been injured in an accident with the insured.

This type of coverage guarantees compensation for moral and material damages, as well as payment for lawyers and court costs.

Passenger Personal Accidents

Passenger coverage is responsible for compensating passengers of the insured vehicle that has been involved in an accident.

Compensation is paid in the event of medical and hospital expenses, death or permanent disability.

In all situations, the limit values ​​will be established in the contract.

Additional coverages

Additional auto insurance coverage can be purchased one by one as long as the insurer offers this option.

They will serve to make car insurance more complete and to protect the car against more situations.

Accessories

Additional coverage for accessories covers sound and image equipment and others that are installed in the car.

You must indicate to the insurer all items that require protection.

Shielding

It is valid for cars that came with this feature from the factory or that was added later.

Through this coverage, damage to the vehicle's armor will be covered by the insurer, preventing losses for the insured.

Glasses

Meanwhile, glass coverage is used to repair or replace glass after damage.

Normally, it is only by hiring it that the car windows are covered by the insurance company.

Gas kit

Coverage for gas kits, in turn, is valid for damage to the equipment or theft and robbery of the vehicle.

Spare car

With the reserve car option, the insurer provides a loaner car in case of theft, robbery or repair as specified in the contract.

24 hour assistance

24-hour assistance services are additional and include options such as towing, electrician, mechanic and others.

Many insurance companies even offer home services as an additional car insurance option.

Green Card

Finally, the Green Card guarantees coverage in the event that the car suffers an accident while in Mercosur countries.

There are also other additional coverages, which may vary from one insurance company to another.

That's why it's always important to check with them what options are available.

Auto insurance coverage and deductible

After purchasing auto insurance coverage, it is essential to know when it will be valid.

There are two situations in which the insurance company's help can be requested: in the event of a partial loss and in the event of a total loss.

Partial loss occurs when the damage to the vehicle is less than 75% of the car's value.

In this situation, the insurance company pays for the car repairs.

However, for this payment, the user must bear the insurance deductible.

In insurance, the deductible is the cost that the insured is responsible for when repairing the vehicle.

It is through this that the insurer and the insured share the losses with the car.

For example: your car is involved in an accident, and the repairs will cost R$3,000.

Your insurance deductible is R$1,000, so you will pay R$1,000 to the garage.

The insurance company will pay the remaining R$2,000.

In addition to the main deductible, the user may need to pay the deductible related to the additional coverage contracted.

Especially if you only need to activate additional coverage.

This means that repairing car windows, for example, may require the payment of a proportional deductible.

The rules will be listed in the contract, and can also be consulted with the insurance company.

In addition to partial loss, the car may suffer a total loss.

That is, when the damage exceeds 75% of the market value of the car.

In this case, there is no need to pay a deductible.

The consumer will receive full compensation for the vehicle, to purchase a new one.

The same will happen if the car is stolen or stolen and not recovered by the police.

There you go! Now you know the main types of auto insurance coverage.

Before hiring yours, talk to the insurance company.

This will ensure greater security and accuracy in choosing protections.