Last revised on October 30, 2021, is reviewed by Marguerita Cheng. What Can Happen While Your Car Is Parked?
How can you shield your vehicle while it is parked?
The Bottom Line: The Benefits and Drawbacks of Coverage When we look at auto insurance policies, we frequently consider the coverage they will provide for various on-the-road events like accidents.
However, when your car is parked, it can suffer from a wide range of costly damage.
There are a few factors that will determine whether your insurance will cover your vehicle while it is parked: the nature of your insurance and the circumstances surrounding the damage.
While your vehicle is parked, you might not believe that anything can happen to it. When you are driving on the road, the chances are definitely lower. But there are a lot of things that can go wrong, like vandalism or natural disasters, so it’s best not to take any chances. It’s best to know when you’re covered in detail.