The purchase of a vehicle represents a significant expense of money and what you least want in these circumstances is to have to continue spending. However, driving on the streets of Lima is unpredictable and one is never 100% safe. It doesn't matter how good a driver you are, because in your journey you will run into all kinds of pedestrians and drivers, so the best alternative to protect the car will always be vehicle insurance.
The insurance allows you to have a backup in case something bad happens to the car
Whether from being stranded without a battery, to a crash with another car. Although its utility is clear, there are still many people who do not see the need to make an effort to hire it, but what they do not know is that they risk losing many things.
If you do not have insurance, these are some of the losses you will suffer:
Loses money: The repair of the car as well as other expenses caused by the accident amount to significant amounts of money, which you would not lose if you had insurance, since you would only pay the deductible. Waste time: Taking the car to the workshop and looking for alternatives to mobilize, reviewing paperwork, etc. When hiring insurance, the company is responsible for providing a new car while yours is being repaired, advises on the necessary paperwork, etc.
Lose the car
Depending on the severity of the accident, you could even lose the vehicle. On the contrary, if you have Total Loss coverage and it is found that the car was in very bad condition, the insurer gives you the money to acquire a new one. Loses benefits: Insurance not only offers protection, they also come with discounts on accessories or technical reviews, among other benefits.
To risk losing the car could be quite expensive, it is better to compare the different prices and opt for insurance that fits your wallet.