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Friday, 17 November 2017 22:47

Collision Auto Insurance Can Replace Your Vehicle

Cheapquotesautoinsurance.com has released a new blog post explaining what happens with the auto insurance plan when a vehicle is totaled.

Collision auto insurance provides the best financial security a driver can hope for. This plan pays benefits for damages caused by a collision with another vehicle. However, unlike liability coverage, collision is a no-fault policy, meaning that the insured can claim benefits regardless of who was at fault.


Another advantage collision coverage has over liability insurance is that the benefits can be used to pay for the insured's car repairs. In this way, drivers will be able to save a lot of money in case of an accident.


What happens if a car is totaled?


When the cost to fix the car exceeds the value of the car, the agency will consider the vehicle totaled and will not repair it. Instead, it will reimburse the owner. How much money can one get? That depends on the current market value of the vehicle. Agencies will not pay the initial value. Instead, agents will evaluate the vehicle based on:


• Its condition before the accident

• The current market value of the vehicle

• Get third-party appraisals of the car


In order to find advantageous coverage options, drivers have to look at several offers. The best way to do this is by comparing online auto insurance quotes. These are now available online, on a single brokerage website: http://cheapquotesautoinsurance.com.  Here, by completing an online quote form, drivers will get multiple quotes from nearby agencies. A quote provides important information about a policy like its price, coverage limit, deductibles and many other facts.


"Collision auto insurance can reimburse you for accident damages," said Russell Rabichev, Marketing Director of Internet Marketing Company.

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