You parked in the underground parking lot at the movie theater and when you come back you notice a long scratch in the paint on the door. But you don’t see the person who did it, there’s no note on your car and not a witness in sight.
It’s a classic case of parking damage – damage caused to your parked car by an unknown vehicle or person. Whether it’s scratched paint, a dent in the bodywork or some other damage, you’re on the hook for the entire cost of the repairs if you don’t have parking damage insurance. And repairs nowadays can be very costly.
Ideally, the person who caused the damage will wait for you to return to your car. But, unfortunately, that is all too seldom the case. You usually won’t know who’s responsible or who ought to pay for the damage to your parked car. This is where parking damage insurance from AXA comes in. You can choose to include partial or comprehensive accidental damage coverage in your car insurance.
AXA lets you determine the amount of parking damage coverage you want. There are three options to choose from:
The unlimited option is only available with comprehensive accidental damage coverage. The other two options are also available with partial accidental damage coverage.
You can insure both new and used vehicles against parking damage. When you take out the insurance, your car cannot be more than 8 years old.
You can include parking damage insurance in your AXA partial or comprehensive accidental damage policy to add an extra layer of protection.