5 Benefits of Car Insurance - Share Insurance

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5 Benefits of Car Insurance

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 From year to year, the population of vehicles, both four-wheeled and two-wheeled, always increases sharply, and the population is getting more and more day by day. We can pay attention to the number of vehicles passing by on the road. It seems to be getting denser and jammed.


The increase in the number of vehicles is also not offset by the growth of existing road infrastructure. As a result, the queue of vehicles is getting more and more, causing congestion.

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Traffic jams on the road have a psychological effect on the driver, the driver becomes impatient and easily emotional. As a result, even small and large accidents are often inevitable. Accidents that happen, of course, will make it difficult for anyone. Not to mention that if the costs that must be borne have a large enough amount, it will certainly cause headaches to stress.

Well, one way to minimize the risk of bearing the burden of loss costs when an accident occurs on the road, is to include your car in car insurance. By following your car on car insurance, of course the burden of loss can be minimized and you can also get many benefits from this car insurance.

What are the benefits of car insurance? Here are 5 car insurance benefits that you can get when you include your car in car insurance programs that are widely available today.


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1. Provide protection


The first and most important benefit of car insurance is that it provides protection and protection from financial losses when there is a risk to your car. Yes, anything unexpected and detrimental can happen anytime and anywhere. Car insurance will provide protection against these risks, along with the risks that will be covered by car insurance



A. Protect against the risk of loss

The risk of losing a car can occur anytime and anywhere, even at home. Using car insurance is the right way when at any time the risk of losing the car occurs on the vehicle, here the insurer will cover the losses that arise by providing compensation money.



B. Protect against the risk of damage

In addition to the risk of loss, the risk of damage to the car due to an accident that causes severe damage can also occur anytime and anywhere. By using car insurance, all management costs from towing the car to repairing and replacing spare parts will be borne by the insurance company.



C. Protect against liability damages suffered by third parties

It is not impossible that when an accident occurs it will involve another party who can sue you for compensation for repairs to the vehicle he owns.

By using car insurance that includes expanded protection, you can be free from the cost of replacing and repairing the third-party person's vehicle. The insurer will bear the burden of costs incurred for losses incurred by third parties.




2. Provide a sense of security and freedom


The second benefit of car insurance is that it provides a sense of security and freedom to yourself. Having car insurance can provide a sense of security, inner calm and increase confidence for the owner.

For example, you will be free from the burden of excessive thoughts and worries when you have to leave your favorite car while the house is empty without occupants. Or in a condition while on the way, you don't need to worry if something happens that causes damage to the vehicle.

Nevertheless, keeping yourself and others safe while driving is a mandatory thing that must still be done.

In addition, with car insurance, you will also feel safe and free from the economic burden of having to bear the costs when the car is lost or has an accident, resulting in considerable losses. Not to mention if the accident also makes you injured and you have to spend extra money on treatment.




3. Assist with financial planning


The third benefit of car insurance is that it helps financial planning become more stable and well-programmed.

When all the risks that exist, one of which occurs, such as losing a car, a car accident that is quite severe or other conditions that cause large amounts of expenses and costs, then with car insurance, your financial planning can also be helped.

The insurer will cover all costs incurred in the loss and you only need to spend enough for insurance management without having to bother cutting other costs from the financial posts that you have planned.




4. Getting additional services


The fourth benefit of car insurance is that you will get additional services. The additional services provided by the insurer are also varied such as offering third-party legal assistance, life insurance services, 24-hour hotline facilities, car towing, and even replacement car services when the car you have is in the process of being repaired at a partner repair shop.

With the additional services provided, your ease of activities or while traveling in an insured car can make your trip a pleasant trip.




5. Become a good investment vehicle

The last benefit of car insurance is that car insurance can be a good investment vechele. Car insurance will protect and guarantee our assets, so all costs incurred due to the risks that occur can be minimized.

That way, all other costs that should be incurred to repair and replace the car (if without insurance), can be diverted to invest in another field without worrying about withdrawing the investment.


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