If you’re not familiar with the auto industry, you may think that car warranties and car insurance are one in the same. To an outsider, they sound similar, however, there are many differences between them. Accurate Auto Insurance is providers of some of the best auto insurance in Illinois and our team can help answer your questions regarding the difference between warranties and insurance. Here’s what you need to know.
Car insurance helps protect you from any potential financial losses that are associated with your car, such as vehicle damage, property damage or damage from an outside source. Policy claims typically cover collisions, vandalism, stolen vehicles, or environmental damage. It’s important to note that there are different levels of car insurance coverage from which you can choose. The most basic level of auto insurance covers any damage that your car might cause to someone else’s property; this basic liability insurance is necessary in order to drive legally on most roads.
Car warranties also cover your vehicle, but typically only on new vehicles. If you purchase a new vehicle, it could come with up to a 10-year warranty or protect your car until it hits a certain number of miles, such as 50,000. Warranties cover certain vehicle damages, and it is the manufacturer’s way of gaining your trust. Warranties do not cover damage to another party.
Generally speaking, warranties cover car breakdowns or manufacturer defects while insurance policies cover damage caused to other property or people.
Accurate Auto Insurance is your one-stop shop for the best auto insurance coverage in Illinois! Utilize our site to get an instant quote.