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Auto Insurance and Beyond: Exploring Additional Protection Options

Aug 23, 2023

Auto Insurance

Auto Insurance and Beyond: Exploring Additional Protection Options

While your standard auto insurance includes liability, collision, comprehensive, and uninsured/underinsured motorist coverages, several other coverages offer additional car insurance protection.

This blog explores the supplementary car insurance protection options available to car owners. It will help you better understand how buying additional coverage can ensure enhanced security.

Gap Insurance for Vehicle Financing

Gap insurance is optional car insurance that protects you from out-of-pocket expenses when your financed or leased car is stolen or totaled. It helps pay the difference between your auto loan and the compensation you get for your destroyed car, which may depreciate over time.

Buying gap insurance can offer you several benefits:

  • Added car insurance protection if you are still repaying your car loan. Without this coverage, you may have to settle the substantial loan amount alone.
  • May be a requirement of the lender from whom you finance your car.
  • It is fairly inexpensive coverage that may increase your auto insurance costs nominally.

Roadside Assistance Programs  

Roadside assistance coverage is another significant supplementary car insurance protection that pays for any roadside emergency that you may face due to the following:

  • Your car runs out of gas
  • It suffers a mechanical breakdown or flat tire
  • Car’s battery has died
  • You are locked out of your car
  • The car’s stuck in mud or snow

This insurance covers a wide range of services, including towing services, gas delivery, battery jump-starts, lockout service, changing flat tires, winching service, and more. You get help quickly and at reasonable rates.

However, when buying the plan, you must consider several factors:

  • Find the right insurance provider
  • Cost-effective rates
  • Vehicle age
  • Frequency of travel and mileage covered

Extended Warranties for Vehicle Repairs

Extended warranties are optional vehicle service contracts offered by your car manufacturer or dealership at an extra price. It covers repair and replacement costs of certain car parts for a specified period or mileage once the manufacturer’s warranty expires.

The most common extended car warranty types are:

  • Bumper-to-bumper
  • Stated component
  • Powertrain

An extended warranty can complement your auto insurance coverage, securing you against unexpected and expensive car repair costs.

Contents Coverage

Contents coverage covers the loss or damage to your personal belongings from inside your car by a covered peril. For example, theft of your car’s stereo system or your expensive laptop from your parked car can set you back financially. While your comprehensive insurance covers the fixed components of the car, you may get added car insurance protection with contents coverage.

Cybersecurity and Identity Theft Protection

Today cars rely on multiple IoT systems that control nearly every scenario, including the steering, the engine, and the brakes, among others. It has made your car vulnerable to hacking, where your data, such as contacts, insurance, and financial details, can be stolen and used fraudulently.

To protect yourself from the increasing number of cybercrimes, you need extra car insurance protection with cyber insurance.

Get Added Protection with Humble and Davenport Insurance

With a legacy of over three decades, Humble Insurance Group takes pride in providing comprehensive car insurance, guaranteeing the utmost protection for both you and your vehicle. Our policies offer extensive coverage, all at competitive industry rates. Don't miss out on securing your peace of mind – contact us today to learn more about how we can safeguard you and your car.

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