Upgraded radios can easily cost hundreds or thousands of dollars, especially if you have a newer model. Most people are one covered peril and cracked screen away from wondering if their auto insurance will help replace their radio. In some cases, a San Francisco, CA policy can help.
Covered Events
Policies will only provide coverage if the damage is due to a covered event. Different levels of coverage will cover different things. Full coverage usually covers everything. Liability usually only covers the other person’s property damage and bodily injury expenses if you’re at fault in an accident. An agent here at Biddle-Shaw Insurance Services Inc. can help you learn what your policy covers.
Aftermarket Upgrades
Coverage limits may or may not include aftermarket upgrades. Most policies only provide enough coverage to replace factory components. However, if your radio was the only thing damaged, you might still have enough coverage to replace it. An agent can discuss your coverage limits with you to see if you have enough.
Aftermarket Coverage
Many companies offer additional coverage you can purchase for aftermarket accessories, such as radios, speakers, and rims. If you already have aftermarket coverage, you should be able to file a claim to replace your radio.
Remember the Deductible
While you may have the necessary coverage, it may not be worth filing a claim. Take the time to speak with an agent to learn how much your deductible is. Then compare the deductible cost to the price of a new radio. If the price of a new radio is lower, it’s usually a good idea to just purchase a new one.
Whether your radio is covered depends on your personal auto policy. Agents at Biddle-Shaw Insurance Services Inc. will review your policy with you to help you better understand your coverage. Give us a call today. We’re currently serving the San Francisco, CA area.
