Destroying Risk

Finally, another possible car accident risk is when your property is destroyed.

For example, in the case of a car accident, the car is not intact in most cases.

On top of that, the car can be mischievous or the car can hit a lamp post.

In such cases, you will be charged for the car repair, which is also not covered by car liability insurance.

Therefore, car insurance includes car insurance that covers the cost of repairing a car if it breaks down.

If your car is badly damaged and cannot be repaired, you can use your insurance money as a replacement.

Also, depending on the situation, you can get insurance even if your car is damaged by a typhoon or flood.

However, the insurance premium for auto insurance varies greatly depending on the type and model year of the vehicle you have a contract with, so depending on the vehicle, there may be few benefits to purchasing auto insurance.

In addition, depending on the negligence rate (degree of liability in the event of a car accident), if the car breaks down due to a car accident, the other party’s liability insurance will be taken out. At the time, it was covering repair costs.

Liability insurance does not cover the risk of destroying your own property, so car insurance is certainly one of the effective ways to cover that part.

However, depending on the situation, the benefits of purchasing car insurance may not be significant, so it seems that you should carefully consider whether it is necessary.