Basically, an auto repair insurance policy is an agreement between owner of the car and the insurance company from whom he has insured his car. The coverage and expenditures of repairing, strongly depends upon the policy and coverage package, the owner acquires by signing the policy of the company.
It means the insurance company is legally responsible to pay for the maintenance and fixing of the insured vehicle for a certain period of time, again depends upon the signed agreement between vehicle owner and the insurance company. Also, the time duration is different for different companies. Plus, the time period and rates also varies with States. So, one should be fully aware about the overall criteria of repair insurance in his/her State.
Before signing any such policy, one should be fully aware about the pros and cons of the certain policy. And, should ask every question to agent who is the representative of the company, and then accept the terms of policy according to his or her needs and budget. With good auto insurance policy in case of any breakdown, damage or malfunctioning of the vehicle, the insurance company is legally responsible and will pay for any kind of deterioration your vehicle is suffered from.
Depending upon the auto repair insurance policy, the insurance company may just pay you for the auto parts of your vehicle that are malfunctioning and needs service or for the stuff that functioning ability reduces with the passage of time, or it will either pay for both above mentioned scenarios. Plus, fixing of engine, leakage of fuel or gas, lubricant outflow, radiator malfunctioning and repairing of other auto parts along with out of order air conditioner, speedometer and inserted tapes in vehicles are also come under auto repair insurance policy of the company.
Different insurance companies have various auto repair insurance plans and strategies. So, choose that one from which you can take full advantage of. Like, some insurance companies also offer full coverage of each and every mechanical system existing in your vehicle.
Also, one should be well informed about the quality and warranty of the parts for which the insurance company is paying, so that you can save yourself to fall into the trap of cheap auto and spare parts which do no good to your vehicle. There are a few insurance companies that pay you for branded and excellent quality automobile parts, but of course then you have to pay high premium for that with low mileage values.
Auto repair policy is proved to be very helpful as it supports and saves you from unexpected repair bills, if chosen sensibly.