Is car insurance recommended?
Car insurance is one of the most important insurances that a car owner can purchase. It offers financial security and peace of mind in many different situations. In this article, we discuss why car insurance is recommended and what benefits it can have.
What does car insurance cover?
Car insurance can cover many types of risks and damages. In general, car insurance is divided into two main types: motor insurance and comprehensive insurance.
- Traffic insurance: This is mandatory insurance in Finland. It covers the damages you cause to other parties in a traffic accident. However, it does not cover damages to your own car.
- Comprehensive insurance: This is a voluntary insurance that covers damages to your own car. There are different types of comprehensive insurance, and they can cover, for example, theft, vandalism, fire, natural phenomena and collisions.
Benefits and recommendations
Getting car insurance is recommended for many reasons. Here are some key benefits:
- Financial security: Car insurance helps cover repair costs and possible legal costs if you get into an accident.
- Peace of mind: Insurance brings peace of mind, because you know you are protected against a wide range of risks.
- Broader protection: Comprehensive insurance offers broader protection than just motor insurance, which can be especially important if your car is new or valuable.
- Responsibility: Taking out insurance shows responsibility and care for both yourself and other road users.
Summary
Car insurance is definitely recommended for all car owners. It provides comprehensive protection against a wide range of risks and helps ensure that you are financially secure in the event of an accident. Although motor insurance is mandatory, getting comprehensive insurance can be very useful, especially if your car is new or valuable.
You can find more information about car insurance, for example, on Finanssiala ry‘s website.
