You may think a minivan is a safe car to drive, but you should know that not all vehicles are equipped with the features that your family needs. Insurance can help protect your vehicle from certain incidents and accidents, which can be costly in repairs. In this blog post we will discuss 10 reasons why you might want to get insurance for your minivan!
1. Get lower rates for your minivan
When it comes to auto insurance, you get what you pay for. If you purchase a low-cost car or even if your car is paid off, then you will end up spending that much more on your premiums each year. Insurance companies base their yearly insurance premiums on risk factors and the value of the vehicle. Depending on these factors, minivan insurance rates tend to be cheaper than smaller cars with less value.
2. It’s the law!
All Canadian provinces require car owners to have some type of auto insurance in order to register their vehicles. If you are not insured and get in an accident, which is your fault, you will most likely be paying for the damages with your savings.
3. Protect your vehicle from theft
Do you ever leave your minivan parked on the street overnight? If so, then you are increasing its odds of being stolen. When you purchase insurance for your minivan, it protects your vehicle if it is ever stolen or vandalized by another party that isn’t insured.
4. Guaranteed towing services
If your minivan breaks down on the road, you are guaranteed to get it towed back home or to your mechanic by your insurance company. This is another added convenience of car insurance because you will not have to pay for towing services yourself when they are included in your policy.
5. Cashless towing services
Similar to the point above, cashless towing means that your insurance company will pay for a tow truck to take your minivan somewhere safe while it is being fixed. This is one of many reasons why you would want to get car insurance for your minivan because it doesn’t just protect the exterior – it covers the interior as well.
6. Car rental services
If your minivan is in the shop for a long period of time and you need to get around, most insurance companies will provide you with a rental vehicle (depending on your policy). This is great if you or any family members rely on public transportation because they can drive your rented car to work or college.
7. Emergency gas services
If your minivan runs out of gas on the road, you could be in trouble if you only have liability insurance. With full coverage car insurance, you can get emergency gas to get back home safely without having to deal with filling up the tank by yourself so late at night in a sketchy area.
8. Get roadside assistance for your minivan
Another thing included in most car insurance policies is roadside assistance, which can get you home safely if your minivan breaks down on the road. This service will come to your rescue within a certain range of miles from where you are stranded so that you don’t have to wait for hours until a tow truck comes.
9. Legal assistance and accident services
If you are in a fender bender, then legal assistance is always helpful to have if you weren’t at fault for the accident. Getting into a car accident can be messy and confusing because there are so many things to keep track of such as exchanging insurance information and other personal details. Having a lawyer on your side is great for anyone who gets into an accident because they can help you stay calm and focused while taking care of the details involved.
10. 24-hour claims reporting helpline
The last point we will mention is that most insurance companies have a customer service line, which is open from 8 AM to 8 PM, that you can call if you have any questions. Instead of dealing with the hassle of calling your insurance company during business hours when they are closed, it’s nice to know that there is always someone on standby waiting for your call in case something goes wrong.
What are the benefits of getting car insurance for my minivan?
If you live in a state where it is mandatory to have car insurance, then there are several benefits to getting full coverage on your minivan. First, your vehicle will be protected if it gets damaged or stolen because your insurance company pays for whatever costs that may arise. Second, your minivan is protected when you get towing services and emergency gas – every little bit counts when you need help. Lastly, in most states if you cause an accident and don’t have car insurance then your driver’s license will be suspended. Having full coverage ensures that in the case of an accident, your insurance company will cover any legal fees needed to pay for damages.
How can I find the cheapest car insurance for my minivan?
There are many factors that go into determining how much an insurance policy will cost, including your age, credit score, type of minivan, where you live, and your history of accidents. In order to find the cheapest insurance policy that meets your needs, you need to shop around for quotes from different companies their rates will be based on what is important to them at that time. Make sure to ask questions about all types of coverage to make sure that you are getting the exact type of insurance policy that you need.
What types of car insurance do I need to buy if I want full coverage for my minivan?
There are two main types of car insurance that you will need in order to get full coverage on your minivan – bodily injury and property damage. These cover damages taken by the other driver, their passengers, and any third-party insurable property that may be damaged in the event of an accident. There are also several optional types of insurance that you can get – these include medical payments coverage (covers injuries to yourself or your passengers), rental car reimbursement (gets you a free rental car while repairs are being made to your minivan), and towing and labor (gets you a free tow and service if your van breaks down).
What happens if I get into an accident with my fully-paid-off minivan?
In the case that your van is paid off, then you have a few options for insuring it. If you live in a state where car insurance is not mandatory, then you can take out a personal policy to cover any damages done to other vehicles or property in the event of an accident. If you live in a state where car insurance is mandatory, then you can simply get liability car insurance to protect you from any legal action that the other person involved in the accident may take. In either case, it’s important to know what it will cost to change your policy if your minivan is paid off – that way, you can budget accordingly.
What happens if I get into an accident with liability insurance?
When you have just liability insurance, then the damages that are not covered by your own policy will be paid for by the other party involved in the accident. This means that if you cause an accident and don’t have car insurance, then you will be responsible for paying any expenses required to fix the vehicle of the person who was at fault (i.e. the other driver). This can quickly get complicated if you do not have the cash on hand to pay for all of these expenses, which is why it’s important to invest in full coverage car insurance – this ensures that your minivan will be protected even if you are at fault for an accident.
What expenses will my insurance company cover if I get full coverage for my minivan?
Depending on your policy, there are three main types of expenses that your insurance company will cover – damage to the exterior, damages to the interior (i.e. broken windows), and damages to your vehicle’s mechanical parts (i.e. engine or transmission). Other things that may be covered include, but are not limited to: car rental services if your minivan is in the shop getting fixed, towing services, and emergency gas.
Why would I need car insurance if my minivan is paid off?
If you only have liability car insurance, then it will not cover anything that may happen to your van while driving – this includes getting pulled over by the police. Having full coverage ensures that your vehicle is protected at all times while driving, including if you are traveling on personal trips.
Upon Analyzing The Facts
I hope this blog post has given you a little more insight into what car insurance is and why it’s important to have. If you have any other questions or want help finding the right coverage for your minivan, please comment below!