Get Best Quote For New Vehicle Insurance
What is insurance for a brand-new car?
Insurance for a brand-new car typically involves comprehensive coverage to protect the vehicle against various risks. When insuring a brand-new car, it’s essential to consider the vehicle’s value, your budget, and your risk tolerance. Working with an insurance agent or broker can help you customize a policy that provides adequate coverage for your new vehicle while fitting within your budget.
What are the different types of new vehicle insurance policies?
Gap Insurance
Gap insurance covers the "gap" between the amount you owe on your vehicle loan or lease and the actual cash value of the vehicle in the event of a total loss. It is beneficial for new vehicles that depreciate quickly in value.
Specialized Coverage
Depending on your specific needs and preferences, you may also opt for specialized coverage options such as roadside assistance, new car replacement coverage, custom parts and equipment coverage, and more.
Collision Insurance
Collision insurance covers damage to your vehicle caused by collisions with other vehicles or objects, regardless of fault. It is often purchased in addition to comprehensive insurance for added protection against collision-related damages.
Rental Reimbursement Coverage
Rental reimbursement coverage provides compensation for the cost of renting a temporary replacement vehicle while your insured vehicle is undergoing repairs due to a covered loss.
Towing and Labor Coverage
This type of policy provides coverage for the costs associated with towing your vehicle to a repair facility and labor costs for minor roadside assistance services such as jump-starts, tire changes, and locksmith services.
Medical Payments Coverage
Medical payments coverage, also known as MedPay, provides coverage for medical expenses resulting from injuries sustained in a covered accident, regardless of fault. It can help cover medical bills for you and your passengers.
Frequently Asked Questions
New vehicle insurance with Yelogaadi provides coverage for recently purchased or leased vehicles. It is essential for protecting your investment in a new car or truck against financial losses resulting from accidents, theft, damage, and other covered risks.
Yelogaadi offers a range of coverage options for new vehicles, including comprehensive coverage, collision coverage, liability coverage, uninsured/underinsured motorist coverage, medical payments coverage, and optional add-ons like gap insurance and roadside assistance.
Comprehensive coverage with Yelogaadi protects against damage to your vehicle from non-collision incidents such as theft, vandalism, natural disasters, falling objects, and more.
Collision coverage is recommended for new vehicles, even if you have comprehensive coverage. It covers damage to your vehicle resulting from collisions with other vehicles or objects, regardless of fault.
Gap insurance covers the difference between the actual cash value of your vehicle and the amount you owe on your auto loan or lease in the event of a total loss. It is highly recommended for new vehicles, as they can depreciate quickly in value.
Yes, Yelogaadi offers customizable insurance plans for new vehicles. You can choose the coverage options and add-on benefits that best suit your needs and budget, ensuring that you get the protection you need without paying for unnecessary extras.
In the event of an accident or covered incident, you can file a claim with Yelogaadi by contacting our dedicated claims team. We will guide you through the process and help you with any documentation or information needed to expedite your claim.