It goes without saying that without insurance, your beloved gadgets, appliances or anything else is liable to becoming damaged, lost, stolen or unable to work any longer, meaning that you sometimes have to fork out hundreds of pounds, muttering under your breath that you should have taken out insurance. And speaking from experience, as someone who has damaged countless phones, while I have to pay a fee to get it fixed even with phone insurance, the fact that I am able to get a ‘fraction off the price i.e. £60 as opposed to the £140 it would have cost without insurance, means that I am less likely to be out of pocket than if I hadn’t taken the time to get insurance. Which is where we look at even more expensive gadgets like laptops, cameras or even cars, which many of us need to get through our daily lives. After all, if I was still living in the countryside, I would most definitely need a car to get around, because trains and public transport can be a proper nightmare. Besides who wants to wait two hours for a bus that has decided it can’t be bothered to do its job? Not me! And speaking of cars, like any expensive toy, your car can be guaranteed to break down at any moment, so its so important to look into car warranty options, so that you can be protected against any unforeseen circumstances.
So what does getting car insurance or investing in a car warranty mean for your automobile I hear you ask? Well it is simple; a warranty is an insurance policy which protects you if there are any mechanical or electrical faults with your car, with the cost of the repairs being met by the manufacturer. Also if you decide to keep your car beyond the original ‘guarantee’, you can do so with an ‘extended guarantee policy’ meaning less drama further down the line. In terms of what a warranty covers, each car warranty policies are slightly different but in regards to leading provider ALA, their car warranty covers the following: engine parts and labour, timing belts, turbocharger, cooling, fuel system, driveline , differential, transfer box , manual gearbox, automatic gearbox, torque converter, clutch, wheelbearings, braking system, suspension, anti lock brake system, electrical, air conditioning and working materials and casings. As you can see, should any of these car parts suffer from damage, a car insurance policy will enable you to feel rest assured that your car is in the safest hands possible.
Apart from the obvious reason of getting a warranty to protect against unforeseen circumstances, you might be wondering as to why else it would be beneficial to invest in car insurance. Well, did you know that all motorists must be insured against their liability to other people, as stipulated in the Road Traffic Act 1988 or that driving without car insurance is illegal. If you don’t have it, you could be fined or disqualified from driving. Of course there is a difference between having a car warranty and investing in car insurance; the main difference between a car warranty and car insurance is that a warranty covers the damages to ‘parts’ whereas insurance aids against accident costs, but in my mind it is important to invest in both, as you never know what could be round the corner. Furthermore there are three main types of insurance and two main types of warranty. For car warranties as I mentioned earlier there is the ‘basic’ and extended warranty package. A basic car warranty usually runs for 2-7 years depending on the model of the car but often does not include wear and tear costs like tyres and batteries, whereas an extended warranty will cover a vehicle for a certain amount of time after the manufacturer’s guarantee has run out.
In contrast there are three different types of car insurance: Third Party, Third Party, Fire and Theft and the third being comprehensive. Third party car insurance refers to covering injuries to other people and damages to vehicle, although its not always the cheapest form of car insurance. Third party, fire and theft is similar to the third party car insurance but also covers the cost of repairs and the cost of repairs, as well as a replacement vehicle if your car is stolen or damaged in a fire. Lastly comprehensive car insurance is the best cover option that you can get, even though it can be expensive. Comprehensive protects against damage to your own car as well as accidents involving other people. It can also include a courtesy car and legal expenses insurance although it might be at an additional cost, so it is important to check with your service provider so you know what you are signing up for. Overall I cannot stress the need to get car insurance (because its illegal to not insure your car) and to invest in a car warranty, because it is vital that you protect against damages to your car parts in case of damages or an accident.
Why Do You Think It Is Important To Get Car Insurance?