One essential part of a car owner’s life should be a car insurance policy. You are out and about with your vehicle and law-abiding self but there is always someone who will put you at risk of getting injured or your vehicle getting totaled. Hence car insurance is a must to have when you own a vehicle. 

Before buying an insurance policy you should know what types of car insurance you should look into. This will help you get the right coverage. Let’s look at some car insurance in Pakistan

Liability Coverage

In some countries, drivers are legally bound to get this coverage. This cover offers medical cover and damage repair of the vehicle. This cover is to ensure the safety of third-party and will not cover your own self or your car. 

Collision Coverage

Collision coverage covers the insured vehicle in case of a collision with another vehicle. It covers you regardless of who is at fault and pays the cost of repairs. The types of damages not covered by collision coverage are hitting an animal, acts of God, etc. 

Comprehensive Coverage

Comprehensive insurance provides extra insurance in case of an accident. It covers almost all the damage done to the insured vehicle in event of a collision, natural disaster, riots, strikes, etc. 

Uninsured Motorist Coverage

Uninsured motorist coverage is usually paired with underinsured motorist coverage and protects your vehicle against uninsured drivers. 

Underinsured Motorist Coverage

Underinsured motorist coverage will cover you against a driver whose insurance is not enough to cover you. Some drivers carry the minimum amount of coverage and this type of coverage exactly assists the damage done in this case. 

Medical Cost Coverage

Some companies offer coverage for your medical procedures following the accident. However, if you have health insurance already then you don’t need assisted medical cover in this case as your health insurance policy can cover all your medical expenses. 

Personal Injury Protection 

This covers the maximum percentage of expenses resulting from a covered car accident. It may cover certain medical procedures and loss of income in some cases. 

Gap Insurance

The value of the vehicle depreciates quickly. This often makes the car insurance value insufficient for some drivers. Gap insurance helps cover the gap in market value and a premium value. 

 

These are some basic types of insurance available in the insurance companies in Pakistan. Let’s Compare is an online insurance comparison tool. We offer comparisons from 10 leading companies in Pakistan. We take pride in assisting our clients in getting the desired insurance policy and ensuring customer satisfaction. Visit our website now to get car insurance.