Many people in Jacksonville, FL assume their insurance will repair or even replace their vehicles. Its true insurance can pay for repairs, and in cases of a total loss, it can replace a vehicle. However, this doesn’t occur simply because you have insurance. It requires specific packages and coverage. Connect America Insurance Company has the options you might need. Here’s what you need to know.
Paying for Repairs with Collision and Comprehensive Coverage
In Florida, as with most other places, auto insurance will pay for repairs after a collision, up to the policy limits and after the deductible. This comes from the collision and comprehensive coverage, which is often additional coverage on top of the required liability coverage.
Collision – Covers repairs if your car collides with another object.
Comprehensive – Covers repairs if an object or event damages your car.
Anything beyond your policy limits will have to come out of your pocket. That’s why it’s important to have adequate coverage.
For mechanical repairs or repairs needed for wear and tear, insurance won’t typically pay for the damage. It’s possible to obtain insurance specifically for mechanical repairs. If an accident causes damage that necessitates engine or mechanical repairs, then your collision or comprehensive policy may cover it.
Replacing a Vehicle Due to Damage and Inoperability (Total Loss)
If an accident damages your car beyond repair, only collision or comprehensive coverage in Jacksonville, FL can help you to replace it. When the repair costs exceed the value of the vehicle, it’s a total loss.
Different insurance companies have their own ways of dealing with a total loss. If your policy limits can’t cover a full replacement, the insurance company can offer you a settlement. You can use the funds to help you purchase another vehicle.
There’s more to repair and replacement, but it will all depend on your policy and coverage options. At the Connect America Insurance Agency, we offer a number of coverage options and will help you figure out which ones will work best for you. If you want to know more about how comprehensive and collision coverage works, contact us for more information.