When it comes to car insurance, most people think of the basics: liability, collision, and comprehensive. But what about the extras? Are they worth it? Here are some of the most common car insurance extras and whether or not they are worth your money.
Car insurance is something we accept as part of life if we own a car. With the number of accidents and mishaps that happen on the roads each and every year, we usually agree that it is worth having that coverage too. It's one of those things you don't want to risk not having.
But when you start to dig a little deeper into car insurance policies, you find that there are all these extras that you can bolt onto your deal. So what do you need, and what could you do without? You may even find some differences between some national car insurance providers, and some local or state ones too, like Oregon car insurance. So here are some of the most common extras you'll be offered, and whether or not it's worth paying a little extra to get them added.
Breakdown and Recovery
If you do a lot of driving, or if you are worried about being stranded in the middle of nowhere with a broken down car, this could be worth considering. Breakdown and recovery services can get you out of a sticky situation and back on the road.
There are a few factors to consider when deciding whether or not it is worth adding a breakdown and recovery service to your car insurance premium. First, do you have any similar coverage elsewhere? For example, some home insurance policies, premium bank accounts or credit card providers may offer extra perks such as this.
Another thing to consider is how much driving you do. If you only do local journeys within a few miles of your home, you may think that breaking down wouldn't be too big a deal. You might have family and friends who could help, or you might have a good relationship with a local mechanic.
Finally, see which company the car insurance provider is offering their breakdown and recovery service with. Look into them to see if the company is any good, and if customers had a good experience when dealing with them. There's no point paying extra for a poor service.
This is another extra that you may find with some car insurance policies. It covers the cost of legal fees if you are involved in an accident and it is deemed to be your fault. This could cover the cost of hiring a lawyer, going to court or any other legal fees that you may incur as a result of an accident.
Again, there are a few things to consider before deciding whether or not this extra is worth it. If you are worried about being sued or having to go to court, then it might be worth the peace of mind that comes with knowing you are covered.
Another thing to think about is how much coverage you would actually need. Most car insurance policies have a limit on how much they will pay out for legal fees, so make sure you know what that limit is. If it is a low amount, you may be better off setting some money aside to cover the cost yourself, just in case.
You might also find that some other car insurance providers offer legal fee coverage as part of their package. This is something to consider when you are shopping around for the best car insurance deal.
No Claims Bonus Protection
This is an extra that can help to protect your no claims bonus. If you have been driving for a while and have built up a good no claims bonus, this can help to keep it intact, even if you have an accident.
It is worth considering this extra if you have a lot of years' worth of no claims bonus to lose. If you have only been driving for a short while, or if your no claims bonus is not that high, it might not be worth the extra cost.
You should also check to see if your car insurance provider offers any no claims bonus protection as part of their standard package. Some do, so it is worth comparing the different deals on offer before you decide whether or not to add this extra.
Having a good no claims bonus can help you get better insurance deals in the future, so this is something worth seriously considering investing in protecting
If you need to use a courtesy car while your own car is being repaired, this could be an extra worth considering. Not all insurance providers offer this as standard, so it is worth checking to see if it is something that you would need to add on.
Consider how often you might need to use a courtesy car. If your car needs repairs often, or if you are without a car for long periods of time when it does, then this could be a useful extra. If you really rely on a car to be able to work and do vital journeys, then a courtesy car is probably worth adding onto your policy.
However, if you only need to use a courtesy car occasionally, or if you have access to other forms of transport, then this might not be worth the extra fee.
These are just a few of the most common extras that you might find with a car insurance policy. There are many others available, and some providers will offer different extras to others. When you are looking for a new car insurance policy, it is worth considering what extras you might need and whether or not they are worth the extra cost.