Not only is car insurance a safety net in the event of certain damages, but it’s also a legal obligation. And although your insurance may cover a lot of things, there are some that are just not part of most policies. So, what kinds of things are not covered by your vehicle insurance?
1. Custom Modifications or Upgrades
Most basic policies don’t cover modifications or aftermarket upgrades and parts. And those that do offer coverage often have limitations. This means you’ll have to pay out of pocket if your expensive rims are stolen or damaged.
2. Car Insurance Doesn’t Cover Racing
A lot of people feel the pressure of demonstrating their wheels are superior. This often results in a quick race down some street as an exhibition of speed.
Yet, should an accident happen while you’re speeding down the road, most policy claims will be denied.
3. Rideshare and Delivery Businesses
Uber and Bolt are two of the most popular rideshare businesses nowadays. Even delivery service jobs are available from your vehicle. But what happens if you accidentally run a red light and T-bone another vehicle?
Most insurance policies will not cover damages caused while running rideshare and delivery businesses from your car.
4. Theft of Property Left in the Car
You probably know a lot of people who keep their wallets in the glove box or middle console. Perhaps you have a golden locket hanging from a rearview mirror.
In the event of these items being stolen, policies will often deny claims of theft.
Car Insurance is Still a Necessity
While there may be a few things not covered in your policy, it’s still worthwhile to protect yourself. Accidents happen all the time, whether they’re through the fault of your own or not. The last thing you want is to be on the hook for repairs.
At AB Insurance Brokers we’ll help you find the best policy for your car insurance. Contact us today to see how we can help deliver coverage for your vehicle. While it may be difficult to cover any of the above, you can still rest easy knowing that you’re protected in various other life situations.