Spare Parts Insurance : Your insurance company may not require you to use certain types of parts to repair your car. However, if the insurer’s rates are based on a certain type of replacement and you want something different, they can ask you to pay the difference if the replacement you want is more expensive.
What does spare parts mean car insurance
In general, if generic parts have been ordered to repair your car, this information must be disclosed and the repair order must specify that the parts are not original factory parts and the warranty may be different.
Spare parts (for your car) insurance
Many of these generic parts are made in the same factories where OEMs are made, and in fact, there are very few OEM parts that are actually manufactured by the same facilities that make the cars.The parts that are most frequently damaged in auto accidents are known in English as crash parts and could be translated as accident replacement parts . These are: the pieces of metal sheets that cover the engine, and the body of the car. There are two main sources for these parts: car manufacturers that sell replacement parts using their own brands that are known as original parts manufacturer ( original equipment manufacturer-OEM).); The second source is the market for generic parts or generic parts suppliers for replacement after an accident. Studies show that these parts-the accident parts-do not affect the safety of the car. In addition, the improvements in the generic parts market have allowed to lower the prices of spare parts saving money to consumers.
Insurance companies that use generic parts provide warranty on these. If the replacement is not adequate, the insurer will usually place an OEM spare part without charging anything extra.
Car insurance spare parts
Some auto insurance companies offer their customers the option to choose between OEM and generic parts as part of an endorsement in the policy that also includes other options. Some policies (or insurers) always specify the use of OEM parts for repairs and others use them to repair recent car models. Few states require insurers to offer generic parts when they exist and some states may only require that OEM parts be used.
Ask your insurance agent about your condition and how the arrangements are made if you make a claim to the insurer so you know what to expect if your car has to be repaired after an accident.
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