Explore Different Types Of Insurance Policies In Sydney

If you have been in an accident and hired a car to get home, it is important that you understand the benefits of using a hire car after an accident. By hiring a car through your insurer, not only will you be covered for any damage or injuries that may occur while driving the vehicle, but you will also be protected from any legal issues that may arise.

When you are involved in an insured car accident, the main thing you need to worry about is your safety. The last thing you want to do is put yourself or others in danger. 

Here, we will take a look at different types of policies for vehicle insurance in Sydney:

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  1. Personal auto insurance provides coverage for you and any passengers in your car if you are in an accident. This type of policy usually covers property damage as well as personal injuries. Some personal auto insurance policies also cover loss of use of your car while it is in the shop. 

  2. If you have a collision damage waiver (CDW) policy, then your insurer will pay to repair or replace your vehicle regardless of who is at fault in the accident. This policy can be expensive, so it’s important to compare prices before buying one. 

  3. An uninsured/underinsured motorist coverage (UIM) policy will provide coverage for losses due to someone driving without insurance or having insufficient insurance. This type of policy can be expensive, so it’s important to compare prices before buying one.

If you are unsure about whether or not to use a hire car following an accident, please speak to your insurance advisor to find out more about your specific situation.