If
you're ever in a accident in your wheelchair van and have insurance
questions or need your to have repairs made contact the experts at the
Mobility Center in Bridgewater, MA with your questions 508-697-6006
Buying
insurance can be a complicated process. For those of us who haven’t
spent a great deal of time thinking about insurance and how it works,
purchasing insurance for a wheelchair van can be rather intimidating. So
here is a little information about the way Ford wheelchair van
insurance really works.
Information about Coverage
Your Ford wheelchair van insurance is made up of individual elements. When one talks about vehicle insurance, they’re actually referring to a combination of different forms of insurance with different purposes.
Your Ford wheelchair van insurance is made up of individual elements. When one talks about vehicle insurance, they’re actually referring to a combination of different forms of insurance with different purposes.
For
example, you can buy liability insurance. That will pay for any damage
you might cause if you have an accident. Liability insurance is a legal
requirement. Bodily injury liability coverage will defray the medical
expenses of anyone who may be injured by your vehicle in an accident.
Due
to the high number of people who fail to meet their state-mandated
legal obligations, many Ford wheelchair van drivers purchase uninsured
or underinsured motorist insurance. This feature of a policy will
protect you in the event that another driver collides with you and
doesn’t have adequate coverage.
There
is insurance designed to cover all of our own medical expenses if
you’re in an accident and most new vehicle buyers purchase comprehensive
policies that cover damage caused by vandalism, weather, and virtually
any other mishap. If you are still making payments on a financed
vehicle, the lender will generally require proof of comprehensive
coverage as a term of the loan.
Those
are only a few of the different forms of coverage that may be involved
in covering your Ford. Different policies have different benefits and
various insurance companies offer variations on the same theme. You may
be interested in hearing about some of the other forms of protection
they offer when insuring your wheelchair van.
Information of Rate Determinations
Now that we’ve discussed what you’re buying, we can explore why it costs so much! Most of us find insurance rather expensive and many wonder why different people may be subject to wildly different rates. There are a number of factors at play.
Now that we’ve discussed what you’re buying, we can explore why it costs so much! Most of us find insurance rather expensive and many wonder why different people may be subject to wildly different rates. There are a number of factors at play.
The
most significant factor in setting insurance rates is the driver.
Insurance companies evaluate data and look at multiple variables to
determine how likely you are to be in an accident or to file a claim.
That’s
why a 45-year old with a perfect driving record pays less for the same
coverage than an 18-year old who’s already collected numerous. Your age
is just one example of the many demographic variables influencing your
rates. Your driving history is another.
Unfortunately,
that means you’ll pay more than most people when you insure your Ford
wheelchair van. Even if you are a fantastic driver, the overall
statistics do indicate that drivers with disabilities are more likely to
be involved in claims and accidents. US federal law prohibits insurance
companies from discrimination based on disability, but they can
consider those statistics when determining rates.
Your
Ford wheelchair van will also influence how much you pay for your
insurance. Again, the insurance companies base their rates on all
available data and they have a very good idea of how much different
vehicle types cost to repair and how likely they are to be involved in a
claim. That’s why a sports car will cost more to insure than a dull
four-door sedan.
It’s
also another reason while you will be paying more than the average for
your wheelchair van insurance. Wheelchair vans tend to cost a great deal
to repair and data does indicate that they are more likely than many
vehicle types to be involved in insurance claims. Additionally,
wheelchair van owners need to be certain that their special equipment
and modifications are insured. That drives up the price of their
policies even more.
Insurance
can be complicated and you need to be considerate when making
decisions. Having at least a basic understanding of coverage types and
the factors influencing the price of insurance should help.
