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  • Writer's picturejoseph retcho

Auto and Home Insurance Tips for the Disability


girl in wheelchair

More people with disabilities are utilizing new home and vehicle modifications that help to improve their quality of life as technology develops. Additionally, home and auto insurance frequently provides coverage for these modifications.


Here are some helpful suggestions to safeguard the value of important home and vehicle customizations you've made or intend to make soon.


Advice on Homeowners Insurance for Disabled People

If you own a home, having homeowners insurance can help you with the money you need to pay for repairs when they are necessary. These losses could be due to various things, including weather-related events, theft, vandalism, and fire.


It's crucial to comprehend what you can do to safeguard your specialized machinery or structural improvements.

  • Inform your insurance agent or provider of your home modifications. A ramp to enter your home or a bathroom with a roll-in shower and a raised toilet are two examples of modifications. The insurance agent or company can review the additional costs associated with these changes and assist in updating your coverage as necessary.


  • A replacement cost protection (ARCP) policy should be considered. The ARCP is typically expressed as a percentage, like 25%, 50%, or even 100%. ARCP can help you protect against inflation in rebuilding costs by offering additional coverage for dwelling repairs up to a predetermined percentage amount.


  • There is also contents replacement cost coverage for your personal property. Replacement cost coverage for contents is intended to assist in replacing personal property lost due to a covered cause of loss. Included in this is specialty furniture like lift chairs and beds.


  • Consider using a personal articles floater (PAF) for specialized equipment. A typical homeowners policy does cover some personal property, but it excludes certain valuable items. These priceless items, including specialized equipment, are intended to be covered by a PAF policy, which offers increased coverage. Whether a PAF makes sense for you can be decided with the assistance of your agent. To help establish their value, be sure to save the receipts for these items.


  • If there is a way to increase your additional living expenses (ALE) coverage, ask your agent or insurance provider. ALE typically covers a hotel, rental house, or other arrangement if you sustain a loss and must vacate your home until it is repaired. You can increase your ALE coverage with some insurance companies.


  • Consider the size of your home insurance deductible. Despite the fact that deductibles do not apply only to those with disabilities, it is still important to take into account your financial capacity. The insurance premium rises as the deductible drops. If you have a strict spending limit, you might prefer a $500 deductible. You can also select a higher deductible, such as $5,000, if you don't want to file minor claims with the insurance provider.


Tips for People with Disabilities on Auto Insurance

You can protect yourself from losses like auto theft and other expenses by purchasing car insurance. Accident victims may incur costs for things like car repairs, property damage, medical bills, lost wages, and more. You might be forced to cover those costs on your own if you don't have the necessary insurance. Additionally, it's crucial for drivers with disabilities to make sure their vehicle is covered by their auto insurance.


  • Inform your insurance agent or provider of your auto modifications. Hand controls, pedal extensions, and wheelchair accessibility are typical auto modifications. It's important to let your agent know about any modifications you've made to your vehicle because insurance companies may handle them differently.


  • Take into account extended rental reimbursement insurance. In the event of an accident, you might require a rental vehicle while your vehicle is being fixed. Up to a certain dollar amount and number of days, the initial rental car period is frequently covered by insurance policies. Both the daily dollar maximum and the number of days are frequently increased with extended rental reimbursement coverage.


  • Consider the size of your auto insurance deductible. Consider your budget and how high or low your auto policy deductibles should be, just like with homeowners insurance. Depending on whether you have collision or comprehensive coverage, your car insurance deductible may change. While comprehensive insurance covers losses other than collisions, like hail or vandalism, collision insurance protects your car from damage sustained in an accident.


  • Think about replacement coverage for new cars. Cars can lose a lot of value as they get older. In the event of an accident, you might only be compensated for the current, usually lower, value of your vehicle. You can make up the difference with new car replacement insurance. This insurance is intended to replace the vehicle you recently bought with a similar model at the price of a new vehicle. Coverage terms vary by company.


Look Into Your Options

Make sure your insurance will cover and replace any specialized equipment or modifications you have made to your home, vehicle, or both. Speak with your insurance agent to learn more about insurance options or to upgrade your current coverage.

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