3 Reasons to Get Car Insurance
There are many many reasons to get car insurance, but the top 3 reasons to get U Covered Car Insurance are :
1. The first of the 3 reasons to get car insurance is that auto insurance is important is to protect the banks that have just financed your new car. If you go to a bank and get a R200 000 loan out to go and by a new car, you owe the bank R200 000 plus whatever the interest is.
But, if you are driving down the street and another driver crashes into you, wrecking your car, what are you going to do? You probably do not have the money to fix the car and the bank will not lend you anymore money. If the other driver has auto insurance his company will pay to fix your car.
2. The second of the 3 reasons to get car insurance is it protects your from uninsured motorists. Some motorists do not see the importance of auto insurance, so they do not purchase any. If you get into a car accident with a motorist that is uninsured you know that there is no insurance company to pay for the damage.
If this case arises your insurance company will pay to fix your damage. Unfortunately, if your insurance company pays to fix your car your insurance will be raised, but you will have a fixed car. It will cost you less to raise your insurance rate than it would to fix most car damages.
3. When considering auto insurance you must assume the worst. If you get into an accident and require medical attention, and you have no auto insurance, you will be responsible for paying the medical bills. Depending on the medical treatment that is needed you could be looking at an extremely large bill.
The price of health care is very high now and it is not worth saving a few Rand by not getting car insurance because you may have to pay for medical bills which could lose you much more money than you saved. You could gamble and assume you will not need to go to the hospital for anything after an accident, but the possibility is always out there.
Hopefully these 3 reasons to get car insurance is enough to give us a call!
U covered is here to assist with all your insurance needs. Call us today.