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Accidents happen on and off the road, which is why there are different coverage options Car Insurance, including full car insurance. This type of insurance protects you from non-collision damage, such as someone breaking into your car or a tree falling on it.
Comprehensive car insurance can be useful when combined with other types of car insurance, but it’s not suitable for everyone. This article will provide an overview of how comprehensive auto insurance works, what it covers, and how to determine whether or not it’s worth it.
Credible can help you compare auto insurance rates from the best operators, all in one place.
What is Comprehensive Car Insurance?
Comprehensive car insurance covers damage to your vehicle not caused by an accident with another car. It is individual coverage that you can add to an existing auto insurance policy.
For example, if your car is stolen, vandalized, or damaged by wind or hail, your comprehensive coverage will come into effect. When you file a complaintyou’ll pay your deductible first and then your insurance company will pay the rest, up to your limit.
The deductible typically ranges from $100 to $2,000. If you choose a lower deductible, it will save you money when you file a claim, but yours insurance premium it will be higher. Meanwhile, a higher deductible will save you money on your premium, but you’ll pay more if you have a claim.
What does comprehensive car insurance cover?
Comprehensive auto insurance covers accidents that don’t involve a collision with another vehicle, which is why it’s often referred to as “non-collision” insurance. Here are the main things that comprehensive coverage protects against:
- Falling objects, such as trees
- Natural disasters, such as storms
- Hail, lightning and wind
- Accidents involving animals, such as hitting a deer
- Civil unrest causing damage to your vehicle
- Damage to the windshield and windows
What does comprehensive car insurance not cover?
Full Car Insurance it covers many things, but it doesn’t cover damage to your car resulting from a car accident. It will also not cover damage or injury to others – liability insurance will protect you in this case.
In addition, comprehensive insurance will not cover medical bills, attorney fees, or any loss of income due to lack of work following an accident. For this reason, most people use comprehensive auto insurance in conjunction with other insurance coverage.
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Is Comprehensive Car Insurance Necessary?
Comprehensive auto insurance is typically optional coverage and is not legally required in any state. However, in some scenarios, it may be necessary. For example, if you’re renting or financing a vehicle, your lender may require comprehensive insurance.
What is the limit for comprehensive car insurance?
The most comprehensive auto insurance will generally cover the actual cash value of your car, minus the deductible. This means you will receive less money if your vehicle is older and less valuable. So if your car is stolen and you want to swap it for a newer vehicle, you’ll likely have to pay the price difference.
What is the difference between comprehensive coverage and collision coverage?
Fully comprehensive and collision accidental damage insurance can be used together to protect you in the event of damage to your vehicle. Collision insurance covers you if you are involved in a car accident with another car.
This type of coverage will pay for repairs or replace your car altogether if it was damaged in an accident. Comprehensive auto insurance typically protects you from other types of damage, such as if a tree branch falls on your car or it gets vandalized.
The policy you will use depends on how your car was damaged. If you hit a car or other object, you will be covered by collision insurance. If your car is damaged by another person, an animal or a natural disaster, your full coverage will come into effect.
With Credible, you can easily compare auto insurance rates from multiple insurers in minutes.
Should You Get Comprehensive Car Insurance?
If you own your vehicle outright, you may be wondering whether comprehensive auto insurance is worth it. Comprehensive insurance may make sense depending on your situation.
Accidents happen even when you are not driving your car and it may give you peace of mind knowing that you are protected from a variety of different circumstances. Here are some scenarios where having full coverage can be a good idea:
- Your car is brand new and expensive to replace.
- You live in an area with a lot of natural disasters, like hurricanes.
- You don’t have enough savings to replace your car if it’s damaged or stolen.
On the other hand, if you own a vehicle that is very old or is no longer worth much, you may not need comprehensive auto insurance.
If you’re not sure what you need in terms of auto insurance, consider speaking to an insurance agent who can assess your needs and find any gaps in your current coverage.