You’re no doubt familiar with the car insurance basics. There’s comprehensive and collision coverage, and in many states, you will need to purchase bodily injury liability coverage and property damage liability coverage. But what about other car insurance coverages?
There are quite a few protections you can add to your car insurance. You already know the basics; it’s time to look at additional coverages you can add to your policy to protect you in case of an emergency.
Non-Owner Liability Coverage
Imagine that you frequently travel for business. Or that you have a plan to visit every state in the nation. How will you get to your destination? Well, you’ll likely fly, of course. Then you’ll rent a car when you land.
Maybe you don’t have a vehicle of your own. Perhaps the car you normally drive is unreliable and you borrow someone else’s vehicle for more lengthy commutes.
Do you drive a car that your employer owns? Bigger companies like Amazon and UPS will likely have you covered, but what about if you work for a courier, a florist, or a cleaning service?
In any of these instances, you’ll need to be covered in the event that you’re in an accident. Non-owner liability coverage was designed for just that.
When the insurance offered by your employer or the rental company doesn’t give you peace of mind, you should consider non-owner liability coverage. This protection will cover you if you’re ever involved in an accident and found liable for damages and injuries to others. Your primary insurance will cover your damages and injuries, but this additional coverage will protect you against financial liability for the rest.
Customized Parts and Equipment Coverage
In some regions, and with some carriers, this type of other car insurance coverage is called modified car insurance coverage. In short, if you’ve made any type of change to your vehicle, this coverage may be right for you. Examples of modifications include:
- Raised or dropped suspension
- Ground effects (underglow)
- Tinted windows
- Upgraded stereo system
- Additional roof rack
- Turbochargers or superchargers
- Sport seats
You get the idea. Pretty much everything that’s not OEM is considered a modification, and it costs money! Customized parts and equipment coverage can keep your investment protected if you’re in an accident or you experience theft of your equipment or your vehicle.
Talk to your insurance agent about whether this coverage is available to you. In some cases, you may need to purchase custom insurance to cover the full value of the modifications you made to your car or truck.
Mechanical Breakdown Coverage
Not all insurers will offer this option, but if you can get your hands on it, mechanical breakdown insurance is one of the other car insurance coverages you might be thankful you have.
If you’ve bought your vehicle new, there’s a good chance it came with an extended warranty. This warranty will cover you for the most common repairs and replacements. In some instances, you may also be covered for routine oil changes and other maintenance like tire rotation.
Mechanical breakdown coverage takes your protections a step further. Typically valid for much longer than your manufacturer’s warranty, this coverage will be your go-to if you have engine trouble, brake issues, battery failure, and more. Note that this coverage does not cover you for those routine costs associated with car ownership.
Whether you choose mechanical breakdown coverage will depend upon how you feel about your vehicle’s reliability and on your other coverage. If you already have a reliable extended warranty, such as AAA, you may opt-out of this protection.
That said, if you want a bit of peace of mind while you’re on the road, this coverage is generally recommended for frequent drivers who own vehicles with low odometer readings.
Summary: Other Car Insurance Coverage
If you’ve gone through the process of registering your car in the state where you drive, you’re familiar with the basics of car insurance. You know about property damage, bodily injury liability, and even protections against uninsured motorists.
When you need a bit more protection and a bit more comfort in your insurance coverage, consider other car insurance coverages that are available to you. From your upgraded suspension to that friend’s car you’ve borrowed, these additional plans can save you money and stress in the long run.