If you have recently been involved in a motor vehicle accident, you might be wondering if the cost of your repairs will be covered by your insurance company. There are plenty of outstanding truck parts on the market today, but you need to make sure they fit your budget. There are a lot of moving parts if you have been involved in a truck accident, so take a look at some of the most important factors that will dictate whether your insurance company will cover the cost of your repairs.
Routine Maintenance Is Not Covered
First, understand that if you need to replace parts of your truck due to routine maintenance, this expense will not be covered by your insurance company. The cost of routine maintenance falls under the responsibility of the truck owner, so you should be prepared to pay for these parts yourself. For example, if you need a new timing belt for your truck, this will probably not be covered by your insurance company because timing belts naturally wear out over time. If you have questions about whether something is routine maintenance or an acute repair, you may want to talk to the car dealership to learn more.
If the Accident Was Not Your Fault
If the accident was not your fault, the cost of the repairs should be covered by the insurance policy of the other driver. By law, you are required to have car insurance to operate a motor vehicle on the road. Therefore, if the other driver is blamed for the accident, the other person’s insurance company should be responsible for paying for your vehicle. The other person’s insurance company may drag your feet, but you do not have time to wait. You would probably like to get your truck repaired as quickly as possible. If you want to expedite the process, you may want to reach out to your insurance company for help.
If the Accident Was Your Fault
On the other hand, if the accident was your fault, there are several factors that will dictate whether your insurance company will pay for parts for your repair. They include:
You Have Liability Only
If you have a liability only insurance policy, your insurance company will not pay to fix your vehicle. Liability only is the minimum level of insurance coverage you must have if you want to operate a motor vehicle legally on the road. If you have a liability only insurance policy, your insurance company will pay to fix the car of the other driver involved in the accident, but they will not pay to fix your truck. As a result, you will have to pay for the cost of your repairs out of pocket, which can be expensive.
You Have Collision Coverage
If you have collision coverage, then your insurance company should pay to fix your car even if the accident was your fault. Essentially, a collision coverage insurance policy covers the cost of repairs for everybody involved in the event you are blamed for a truck accident. As you take a look at various collision coverage insurance policies, make sure you purchase enough coverage for your vehicle. Many collision coverage policies have a financial limit of liability, so if the cost of repairing your truck exceeds the limit of the insurance company’s liability, you will have to pay for the rest of the repairs on your own.
You Have Comprehensive Coverage
Finally, if you have comprehensive coverage, your insurance company should pay to fix your vehicle even if you are blamed for an accident. This is the highest level of coverage, and your insurance company will also pay to fix your truck if your truck is damaged by a natural disaster, such as a tornado, a flood, or a hurricane. Keep in mind that you will still be responsible for the deductible on your insurance policy. You need to pay this yourself before your insurance company picks up the rest of the tab. Even though comprehensive coverage is broad, you still need to look at the details of your insurance company to know what is covered and what is not.
There are plenty of truck insurance policies available, so if you are in the market for a new insurance policy, make sure you get the protection your vehicle deserves.
Find the Best Parts for Your Vehicle
Ultimately, these are a few of the most important factors that will dictate whether your truck insurance policy will pay for your new parts. Keep in mind that every insurance policy is different, so if you have questions about what is covered in what is not, you should reach out to your insurance company for clarification. That way, you do not spend more on the cost of repairs than you have to, and you can make sure that you get the best possible parts for your truck.
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