Most standard auto insurance coverages in California provide liability for both bodily injury and property damage if you ever cause an accident while driving. There is also comprehensive collision, commonly known as “full coverage,” which protects your vehicle if there has been any damage from an accident, crime, or inclement weather.
Both plans typically come with uninsured and underinsured motorist coverage for when you are hit by someone with no or inadequate insurance to cover the damages. Although they are great options, did you know there are add-on coverages that can provide even more protection? Here are some you should consider for your policy:
MedPay and PIP cover the cost of the medical expenses following an accident. Which of the two you get depends on the laws in your state. Either coverage includes everyone involved in the accident, such as both drivers as well as passengers and pedestrians. This can help pay for hospital treatments, diagnostic testing, pharmaceuticals, and other medical-related costs as a result of the accident.
Rental reimbursement is ideal for people who rely on their cars for their day-to-day activities. For example, let’s say you have to use your own vehicle to get to work because there is no alternative transportation. With rental reimbursement, you can pay for a rental car to temporarily replace your vehicle that has been damaged in an accident. That way, you do not have to scramble to find a ride to work.
Towing and labor coverage allows you to get essential roadside services. If your car breaks down and you need it towed, this option will cover the costs. If you run out of gas, it will cover the cost of requesting a tow company to bring you fuel. This coverage is for people who drive their cars a lot or own an older model that is more prone to frequent breakdowns.
If you are an audiophile, this is perfect for you. The speakers, amplifiers, and subwoofers that you install in your car are worth a lot of money. If they get stolen or are damaged in an accident, it can be expensive to replace them. Sound system coverage is an add-on that is specifically meant to protect your car’s sound system. If you have a booming system, talk to your agent about getting this coverage.
Apart from those previously mentioned, you can get gap coverage, which helps you pay off your auto loan. Another option is new car replacement coverage, which will pay for the price of a new car and not the price of a new car minus depreciation. All of these coverages can help you protect what is most important to you. They can be fully customized to meet your budget, too.
To learn more about the different types of auto insurance available, contact the knowledgeable professionals at Panorama Insurance Agency. We will provide you with solutions that can cater to all of your needs.