How to insure a car? from vadesa's blog
OSAGO insuranceThis type of policy implies insurance not for the car itself, but for the liability of the car owner to other road users. This insurance covers damage caused by the accident to a third party.
What affects the cost of Casco?
The price of car insurance is determined by several factors, and the most important of them is its market value. The price of a car is the maximum amount that a client can be paid in case of theft, or if the car becomes completely unusable (cannot be restored), etc. The cost of the policy will also depend on the rate, which always depends on such factors: city of operation of the car, selected risks, type of car, deductible, whether the client wants coverage abroad, with or without wear and tear, whether there were accidents in past insurance periods, whether the car is located under warranty, etc..
The most reliable option is “full” CASCO, that is, car insurance against all possible risks. If you do not want to spend too much, then choose partial CASCO and insure against the most "real" risks. For example, if you always park your car in your secure yard, then the risk of theft will not be as high. But if you often leave your “horse” in parking lots in troubled areas, then this risk is definitely worth insuring against.
Depending on the chosen package, the policy may imply damages in the following cases:
accident involving other vehicles;
accidents without the participation of third parties;
car theft;
total destruction of a car as a result of an accident;
damage to property due to natural disaster, fire, falling trees and other objects;
damage to cars by third parties, etc.
In addition, in this case, you can insure individual car equipment, including a car radio, parking sensors, antennas, rims, etc. The price of such insurance depends not only on the chosen package, but also on a number of the following factors:
driving experience;
region of car registration;
make and model of the vehicle;
availability of a franchise and its size, etc.
In insurance, the deductible is the amount that the car owner is ready to pay himself upon the occurrence of an insured event. The advantage of having a franchise is not only in lowering the price of insurance, but also in convenience. For example, in case of a minor accident, it is easier for a motorist to pay for inexpensive vehicle repairs than to collect certificates and solve a bunch of legal formalities to receive a penny compensation. But in case of serious damage to the car, the help of the insurance company will really be useful.
Read more about sense to buy a rebuilt title car and increase your knowledge in this area
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