Car Insurance can be quite expensive and many vehicle owners are concerned about the high cost of the premiums. Since it is mandatory to get insurance in the state of Massachusetts, many owners feel burdened having to pay the high insurance costs. At Western Mass Auto Insurance we can get you your best rates.
However, if you look at the economic benefits of getting insured, you can actually save money with car insurance. Save a lot of money – and headaches – in the long run. In this article, we look at how car insurance saves you money.
Coverage for Auto Repairs
The main reason why car insurance is mandatory is to help you repair and recover the expenses on your vehicle repair in case of damage or theft. If your car ends up in a road accident, the insurance company will take care of the bill to get it repaired.
The costs of motor repair and detailing have been rising exponentially in Massachusetts. Even the most insignificant fender collision can take $350 – $500 to get repaired. The cost of getting a deep paint scratch can be anywhere from $1,500 – $7,000 depending on how badly the car is hit.
The cost to get a broken headlight repaired is between $1,500 and $2,500 while a cracked windshield or side mirrors cost $200 to $800 for replacement.
Compare the repair costs to the cost of premiums for auto insurance and you can see that it is certainly worth it to buy auto coverage in Massachusetts.
Determination of Liability
If you do not have auto insurance coverage, you are pretty much on your own to settle any lawsuits following a car accident. Most ordinary people are not equipped with the financial resources to cover the costs of an accidental claims lawsuit.
Things can get even worse if the court rules against you and orders you to compensate the aggrieved party. There are plenty of cases where the drivers held responsible for the car accident were not in a financial position to compensate the victim of the accident.
Typical compensations and settlements for accidental claims run from tens of thousands of dollars to millions of dollars for worst-case scenarios.
Your auto insurance company coverage can pay the cost of these damages for you. Talk to your auto insurance agent in MA to find out what is and isn’t covered in your auto insurance policy.
Insurance for Car Theft
Imagine parking your car outside a busy mega mall and coming back loaded with groceries after two hours, only to see your car gone. Crime reports suggest that the number of auto thefts has increased in the last few years.
Your auto insurance covers the cost of replacing your car in case of theft. If your car gets stolen, you can get a major portion of its cost back and get a new one without worrying about the financial burden it might cause to your budget.
Depending on your auto insurance policy, you can also get roadside assistance through your coverage in case your car breaks down in the middle of a long drive.
If you have this coverage simply call up your agent and they will send someone to help you with any kind of auto repair problems, from a flat wheel to heated-up engine.
There are many benefits to getting and keeping car insurance, to find out more contact Western Mass Auto Insurance today!