Is There Such a Thing As First Month Free Car Insurance?

The first month or free auto insurance is typically incentive car insurance firms offer as part of a promotion. Your insurance will be exactly like any other. You get the same cover as someone paying for an entire year of insurance, but without having to fork over a single cent until the next month. However, there are some things that you can expect when your insurance gets handed out.

First, your free insurance does not cover anything at all in the event of an accident. No medical bills, no repairs and no legal fees are covered. This doesn’t mean, however, that you won’t have any benefits at all. In fact, if you don’t make a claim against your insurance within the first month, you may still receive a payment from your insurer. In most cases, however, this payment is only made on the second or third month.

The first month’s insurance pays for damage to the car itself. It doesn’t cover the vehicle’s engine or transmission, nor does it provide cover for medical expenses that occur as a result of an accident. As such, the only medical costs you will have to cover are those that occur before your insurance takes effect.

You will find, however, that the number of medical expenses that are covered will vary greatly. For example, the maximum amount of coverage that will be paid by your insurance company is very low. For the most part, Car Insurance insurance plans will only cover major injuries and accidents, which include: whiplash, head trauma, spinal cord injuries, etc. The amount of coverage that is paid on these two categories may vary as much as a few hundred dollars. If you had a car accident and suffer injuries, these expenses will be covered by your insurance, even though you did not sustain any major injuries.

Minor car accidents are another matter entirely. In these cases, the maximum amount of pay that is provided by your insurance company is significantly lower than what is offered for major injuries. Your insurance plan may only pay out a small amount on the first month’s medical expenses, Car Insurance such as a little more than the price of an ordinary trip to the doctor. In these cases, your insurer will pay for your costs at a hospital that is designated by the state where you are filing your claim. In most cases, your medical expenses will be paid by your insurer only until you have fully recovered from the accident.

You will find, too, that your deductible for major accidents is significantly higher than your deductible for minor accidents. This means that if you are involved in a wreck, you will need to spend more money on your medical expenses than if you were injured in a minor accident. That doesn’t mean, however, that your insurance policy will pay out more than the actual amount of expenses.

Your monthly payment for your premium also depends on how long you will need to keep up with the payment of your insurance. The longer you have to maintain your insurance, the higher your payment will be. Therefore, Car Insurance if you don’t have any type of automobile insurance at all, it will take you longer to maintain the policy, and you may pay out less money over time.

Some insurance policies actually have a renewal charge for any months you’ve been paying more than the normal monthly payment. If you’re planning to purchase coverage, Car Insurance makes sure you read over the terms of your coverage carefully to find out if there are any special conditions that might cause you to have to pay more for your insurance in the future. For example, if your credit score is very low, you may be subject to higher monthly payments, or to an increased premium rate.

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