Comprehensive Car Insurance VS Advantage Of Third-Party Car Insurance

5:02 PM  ,  5 comments

Comprehensive Car Insurance VS Advantage Of Third-Party Car Insurance

The advantage of third-party car insurance

Before enumerating the advantages you have comprehensive car insurance comparison is derived from a third-party car insurance, first make the distinction between the two, and hit the ground running. Third-party car insurance is known as liability cover only, because you are hitting your car with the kind of insurance that protects you need to pay for vehicle damage if ever wrong about the damage to the other vehicle.

In this scenario, the insurance company is paying for the repair and restoration of the entire other side of the vehicle - but it also does not repair your own car is damaged in the incident. Comprehensive car insurance, on the other hand, get an insurance company to pay for repair of other vehicles, he damaged his car, someone's medical bills are also injured in the accident.

What then is the advantage of third-party car insurance?
  1. It is the minimum insurance requirements of the law in any state: it is the minimum insurance requirements in most countries of the world on your car in any state. Always protect you or does not give you any compensation in the event of an accident, it protects and you must provide compensation for damage to his car to the other side.
  2. It is much cheaper: it's the cheapest form of car insurance required by law in some states, to join in designing comprehensive car insurance for people with very low funding. In addition, the cost of a wide range of cover is greater than the market value of the car is very suitable for older vehicles and vehicle owners.
  3. It provides peace of mind: It provides peace of mind that you can not get another car without some financial institutions, you are involved in an auto accident and comes out to cover the repair charge any serious problems with corruption . When you are driving on the road it is the best way of managing risk.

Third-party car insurance is all you will not have to pay any penalties except the feeling that the service does not help for yourself, but because you are personally going to move the party to pay the costs of car repairs, or courts. So it's better to prepare because of a crash or collision can happen anytime or anywhere with serious consequences for the lives and property.
Advantages and disadvantages of buying a comprehensive car insurance plan

While a large proportion of car owners have to purchase a third-party car insurance to protect third-party vehicle in the event of a car accident, selected a comprehensive car insurance policy that provides greater protection and value than you can get from some other third-party insurance. Third-party car insurance, the insurance company can repair the damage to the other car (es), but his car - with whom you are thinking; However, comprehensive car insurance offers a wide range such as theft, vandalism, flood damage, fire damage, animal attack, your car or any other event.


However, the advantages and disadvantages of buying such a comprehensive car insurance for third-party car insurance options are as follows:
  1. Comprehensive cover if you have a lot more new cars offer more protection, or use an expensive car. If your cost to repair the damage to the car, the car damaged or even completely replaced with new ones is very high, and then provide a comprehensive car insurance is best for you.
  2. One of the advantages of a comprehensive car insurance that you do not need anyone to prove that the fault in an accident. Even if you are wrong, you are included in any comprehensive car insurance is not a problem because.
  3. If you happen to buy a car loan with a new car, or you can rent a car from a financial professional, you are facing an unexpected disaster can be delegated in order to ensure a comprehensive insurance. Because buying a car loan should the service until you pay you the downside, you saenggimyeon nothing happened to the car mandate actually pay a higher premium for comprehensive insurance to protect you and your financial It is.
  4. This is not to say this to no avail, despite the advantages and scope - but the fact that comprehensive car insurance has remained much more expensive with high insurance premiums.
  5. Another disadvantage of a comprehensive car insurance is a form of thinking when involved in a car accident or damage caused by a car accident some experts do not include third-party damage to your car. But cover theft, vandalism, attacks on your car, among others.

You have comprehensive car insurance if you can afford it maintains the best type of car insurance is much cheaper in the state that because the minimum requirements for auto insurance, but otherwise you have to move for a third-party car insurance.


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