Barua Insurance

Cheapest affordable insurance in callifornia

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Auto Insurance

  • Auto Insurance is how you can lower your auto insurance premium Undoubtedly, ‘’auto insurance’’ is brought ‘’to avail protection for your car”. It saves you from making hefty expenditure in case your car crashes. However this convenience is not available free of cost. Of course, you have to pay car “insurance premium” for it.  KNOW you rights as ‘’an insurance buyer” 

We often find ourselves asking whether purchasing insurance policies is really that important? What do we stand to lose if we do not buy Auto insurance policy of any kind? By purchasing an insurance cover, one can not only protect one’s family from unforeseen situations financially but can also ensure that the goal of the family is not compromised and life goes.

There are four levels of car insurance cover available: 

Compulsory Third Party (CTP) insurance: protects you if you injure or kill someone in an accident.

What it doesn’t cover:

CTP doesn’t insure against the cost of repairs to any vehicles or property – yours or anyone else’s. While it is the cheapest and most basic form of cover, keep in mind that having only CTP insurance leaves you at significant financial risk in the event that you damage a vehicle or other property belonging to someone else.  Third party property damage: covers you if cause damage to someone’s property (i.e. their car) 

 What it doesn’t cover: 

Third party property doesn’t cover the cost of any repairs or replacement of your own car, except under some limited circumstances through some insurers. So it’s similar to CTP in that it only provides cover for other people and their property, rather than you and yours as well. Third party fire and theft cover: covers your car if it’s damaged by fire or stolen by thieves 

What it doesn’t cover:

This insurance doesn’t cover the cost of repairs to your vehicle if it is involved in a traffic accident. 

What are the chances of your car being stolen? 

According to the National Motor Vehicle Theft Reduction Council, a vehicle is stolen every ten minutes in Australia. The majority of thefts are “short-term thefts” but there is also a reasonably proportion of “for profit” thefts. 

Comprehensive car insurance:

The most advanced (and most expensive) form of cover 

What it doesn’t cover: 

Even comprehensive insurance has limitations.It won’t cover damage caused if the driver was over the legal alcohol limit or affected by drugs. Additionally your car must be roadworthy and you must hold a valid driver’s license. 

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