Homeowners insurance policies may exclude earthquakes and flood, but your comprehensive auto insurance is truly comprehensive when it comes to disasters. Hurricanes, tornados, volcano eruptions, earthquakes and floods—they’re all covered.
Vehicle fires occur every 96 seconds in the United States, according to the National Fire Protection Association, and although non-crash fires are rare, some are caused by electrical problems or a defective fuel system. Indeed, nearly every major car company has recalled one of its vehicles due to a fire-related defect. A new study from the Highway Loss Data Institute (HLDI) shows the claim frequency for vehicles with fire-related defects—prior to a recall—is 23 percent higher than for other vehicles.
A squirrel snuck into your garage and gnawed through your car’s wiring system? Unlike homeowners insurance, which excludes damage caused by pests, your comprehensive auto policy may provide coverage—check your policy carefully to be sure.
OK, there’s a pretty slim chance your car will get hit by an asteroid, but it’s not out of the realm of possibility and if it happens, you would be covered by your comprehensive policy. More importantly, the coverage extends to almost any type of falling object—including hail, trees, the neighbor’s kid’s baseball….
Unfortunately, every now and then a victory celebration or peaceful protest can get out of hand and morph into a full blown riot. If your car were to get caught in the middle, any damage resulting from the incident—from being flipped, or from such things as explosions, fire and smoke—would be covered. The same goes for acts of vandalism.
Watch out for that deer! An estimated 1.22 million deer-vehicle accidents occurred in the U.S. between July 1, 2012, and June 30, 2013. But deer aren’t the only animals that can damage your car. Bears have a habit of breaking into cars around national parks, looking for food that visitors leave behind. Your trail-mix supply might be a goner, but with comprehensive auto insurance, you won’t have to “bear” the damage alone.
According to the FBI, more than $4.3 billion was lost to motor vehicle theft in 2012 and the average dollar loss per theft was $6,019. Nobody wants their car to be a crime statistic, but at least you would be covered if your car disappears in the night.
A cracked or shattered windshield is a fairly common occurrence. If a piece of gravel or other road debris suddenly puts a ding in your vehicle’s windshield while you’re driving, it can quickly spread and become a large and dangerous crack. In fact, in many states it is illegal to drive with acracked orbroken windshield. Not only is such damage covered by your comprehensive policy, many companies offer the option of no-deductible coverage for glass damage specifically.
At Fox Insurance Agency, we can work with you to make sure you’ve got the coverage you need, while at the same time using all possible credits and discounts to make that coverage affordable. Just give us a call at 503-277-2300, visit our insurance website, or send us a note at info [at] foxinsure [dot] com. We want to help you meet your goals, and make sure what’s important to you is protected!