A car will need repairs at some point. The more you drive, the more things will wear out and need replacing or repairing. Also, your car can get into an accident and need repairs. When that happens, will insurance cover those repairs, or will you have to dig into your pocket to pay for them? Keep reading to find out.

What Kind of Repairs Does Car Insurance Cover?

In most states, you're required to carry a minimum coverage policy. This coverage will pay for repairs your car causes to other people's property. That means repairs to your car aren't covered. This is where comprehensive and collision coverage step in. These two types of insurance will cover repairs to your car after an accident.

Comprehensive coverage will cover the repair expenses after your car is damaged by fire, falling objects, vandalism, and specific natural disasters. On the other hand, collision coverage will cover repairs after a car crash, no matter which party is at fault.

Benefits from such policies have influenced more people to purchase insurance, propelling the repair market size. According to Precedence Research, the global automotive collision repair market size was around $185.98 billion in 2020, and that number has been growing ever since. That said, having insurance is necessary to protect your finances in case you need auto repair after an accident.

Which Repairs Does Auto Insurance Not Cover?

Technically, insurance won't cover mechanical issues unless they're from a covered risk like vandalism or fire. Also, insurance doesn't cover wear and tear. You will need to repair or replace certain parts of your car, such as tires, brake pads, windshield wipers, and other parts if they get worn out. This won't be covered by insurance.

Nevertheless, you can get Mechanical Breakdown Insurance (MBI) for auto repair. This policy is not part of your standard auto insurance coverage. It's a different policy that pays for major mechanical problems like needing a new timing belt or transmission. However, the coverage doesn't extend to any repairs caused by wear and tear. In addition, MBI doesn't cover all cars. In most cases, it only covers newer vehicles or those below a particular mileage amount.

Do you have any questions regarding your vehicle's auto repair ? Let us help. Call Classic Paint & Collision today for more information.