Some Factors That Can Affect Your Car Insurance Cost

​Carrying an active auto insurance policy is significant for drivers since it is required in most states.

Most drivers know that the insurance policy offers financial protection to themselves if they hit someone while driving. It can also shoulder the expenses of their passenger if ever they got involved in a vehicular accident.  The policy can pay any fees in fixing their vehicles.

However, many drivers are unaware that unexpected areas can cover their car insurance. They will be shocked to learn that auto insurance covers the following circumstances. 

Floods
You might be surprised that your auto insurance policy has flood insurance coverage. In most cases, standard home insurance does not have flood insurance. It is additional coverage that you add on to your home insurance. But if you get auto insurance’s comprehensive coverage, it can protect your car from floods. 

When your vehicle gets damaged or destroyed by a flood, your policy can cover the expenses associated with repairing your vehicle. This coverage might prove to be beneficial if you are residing in a flood-prone area.

Rental Reimbursement
If you got involved in a road mishap that broke your car, your auto insurance policy has rental reimbursement coverage. In other words, you can reimburse the expenses that you incurred in renting another vehicle while your vehicle is being repaired.

The majority of car owners are not even aware of the rental reimbursement coverage in their policies. However, auto insurance providers set a daily and total reimbursement limit.

Lost Wages
Auto insurance can provide some or all your lost wages if you cannot work due to vehicular accident-related injuries. However, It is advisable to verify with your insurance provider if it is included in your policy.

For example, you got involved in a collision with another vehicle. As a result, you sustained severe injuries and have to be confined to a hospital. Since you were not able to go to hospital confinement, you failed to go to work. The insurer will pay the lost wages you incurred for not reporting to work. Take note that your policy will cover the lost wages while you were confined in the hospital and lost wages that you will incur if you cannot do your work due to the injuries.

Conclusion
Your auto insurance policy can cover many unexpected things. However, it is advisable to talk to your insurance provider to verify if these are included in your insurance coverage. If not, you might consider talking with your agent about incorporating these coverage provisions into your existing policy.

At Pro Financials & Insurance Services, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (708) 233-8870. You can also request a free quote by CLICKING HERE.