Auto insurance provides essential financial protection for vehicle owners, helping ensure they do not have to pay out of pocket for property damage. However, auto insurance does not cover every type of repair. Whether your policy will pay for a new engine depends on the cause of the damage.
Normal Wear and Tear
The reason you need a new engine plays a major role in determining whether your policy will help with the cost. Most policies exclude damage caused by normal wear and tear or by neglect. For example, if your engine fails because a head gasket blew and the vehicle did not have enough oil, this is not considered a qualifying event. Policies generally do not cover mechanical failure due to lack of maintenance.
Level of Coverage
Your level of coverage determines what events are considered covered perils. Liability insurance in Chicago, IL, only covers the other person’s bodily injury and property damage. It does not cover damage to your own vehicle. Higher levels of coverage, such as comprehensive or collision insurance, may protect you if your vehicle is damaged by a natural disaster, theft, vandalism, or an accident.
Whether your policy includes liability, comprehensive, or collision insurance affects what situations are eligible for coverage. An experienced agent at Arial Insurance Group can help you understand your current policy and what protection it provides.
It May Pay for Engine Parts
Most auto insurance policies will not pay for a full engine replacement unless the damage is caused by a covered event. However, if your vehicle is involved in an accident and part of the engine is damaged, the policy may pay for the necessary components to repair that damage.
Auto insurance can be complex, especially with the different coverage options available. The team at Arial Insurance Group is here to help you review your policy and understand your protection. Contact us today. We proudly serve the Chicago, IL, area.
