All-risk car insurance
As we know, all car insurance policies are a sum of coverages or what are called "combined policies" that can be adapted to the needs of the insured. If we include all the possibilities offered by the insurer, it will be a Full Risk Insurance policy.
It may include coverage for personal accidents or otherwise known as occupants of vehicles. Ensuring coverage in case of death, disability or injuries following a claim during the vehicle circulation. Includes health, hospital expenses and ambulance transfers.
Car damage (covers up to the limits set in the policy, can cover all damages or cover by franchise system). Some insurances limit performance when they are in a collision against another vehicle, identifiable persons or animals, or conditional upon loss of total loss. This coverage also includes the transfer of the vehicle to the repair shop.
Theft (indemnity for illegitimate abduction by third parties within the limits agreed in the policy), fire (includes combustion or explosion and lightning strike) and breakage of moons (guarantees the costs of placement and replacement of the original moons in case of breakage .)
And all the complementary coverages, as: Defense in fine, Removal of license, Loans of repairs, Vehicle of substitution and Great damages.
Own damages
What are own-liability insurance? Own Damage insurance covers expenses for damages in the car itself, including: scratches so common in garage maneuvers, accidents with a street lamp or colliding with another car, etc. In this case there is no third party and the damages can not be imputed to another insurance.
How do you compensate? In the face of an accident we must verify whether within the damages that our insurance covers us, indemnifies us for value to new regardless of how old the car may be. For example, in a sinister the wheels are destroyed. Some insurers will compensate you for new value (new tires), while another may claim that the tire was already worn before the accident and that it will only pay a percentage of its value. The vast majority of insurance companies take care of the total value of the tire when there is an accident with another vehicle, in case of a blowout per curb, it will not take over.
What happens when the car is scrapped? When there is a total loss of the car, that is, it is impossible to repair it will provide our insurance. Ideally, our company will indemnify us for new value when the car is less than two years old. After two years, the companies insure the market value.
Total sinister
When is a car declared a Total Loss? When the car was stolen and it does not appear, if it appears with irrecoverable damage, when it has burned down and remained as twisted irons or due to an accident has been destroyed.
The car is declared total loss when the repair value exceeds the amount for which it has been insured. Some companies consider total loss when the repair value is 75, 80 or 90% of the insured value.
There are insurers who cover with the insurance for own damages, those produced by a storm of hail or damages by a strong wind when dragging the car, for example, etc ... In other words, it responds to inclement weather. The most complete insurance includes coverage for damages to luggage or personal items for a maximum amount of up to 1500 euros. If you travel on a road that is not considered suitable for driving a vehicle and you are in an accident, most companies will not pay for repair costs.
