What is comprehensive car insurance coverage and what does it cover?

What is comprehensive coverage?

Comprehensive coverage helps cover the cost of damage to your vehicle when involved in an accident that was not caused by a collision. Comprehensive coverage covers losses such as theft, Vandal damage, hail, and bumping into animals. For example, if you were driving and hit a deer, the damage would be covered by comprehensive coverage. However, if you turn to avoid a deer and hit a tree, comprehensive coverage does not apply because this type of accident is considered a collision with an object.

Comprehensive coverage is an optional coverage that you can choose to protect your vehicle. In contrast to some other types of coverage, you do not choose a limit for comprehensive coverage. The maximum amount to be paid is based on the actual cash value of your vehicle. You will be responsible for paying the amount of premium deduction you choose.

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What does comprehensive coverage cover?

Comprehensive coverage covers damage to your vehicle in certain situations. Sometimes also referred to as "other than collision"coverage. What you need to know is that this coverage can cover damage to your vehicle that is not covered by collision coverage. This may include, but is not limited to, the following:

Theft

Glass breakage

Fires

Floods and hail

Bumping into animals

What damage is not covered by comprehensive coverage?

Comprehensive coverage does not cover damage caused by crashing into vehicles or other objects. Events like these are covered by collision coverage. This coverage will also not cover normal wear and tear on your vehicle. Normal wear and tear includes items that usually need to be replaced over time as a result of use, such as:

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Belts and hoses

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Ban

Windshield wiper

Comprehensive coverage vs. Collision Coverage

Comprehensive coverage and collision coverage can be used to help repair damage to your vehicle in an accident. Both of these coverages have premium deductions that you have to pay before coverage begins to cover the damage. The difference between the two lies in the situation in which they apply.

Comprehensive coverage applies when:

Your car crashed into a deer

Someone stole your vehicle

Your car is damaged by hail

Collision coverage applies when:

You avoid dogs and crash into fences

Another vehicle hit your vehicle

You experience a single vehicle loss with damage to the vehicle

Why should you buy comprehensive coverage?

Comprehensive coverage:

Can be used regardless of who is at fault

Helps pay for repairs, beyond the amount of your premium deduction, so you don't have to pay the entire bill yourself

Required by most liens holders along with collision coverage. This helps protect their interests on the vehicle.

What is a comprehensive premium discount?

The comprehensive premium deduction is the amount you have agreed to pay before the insurance company starts paying for the damage. You can think of it as the extent of financial risk you are willing to take in the event of an accident. Typically, the greater the risk you're willing to take (the higher premium cut), the lower your insurance costs will be. The smaller the risk (lower premium deduction), the higher the cost of your insurance.

For example, if there is a hail storm in your area and your vehicle suffers $1,000 in damage, you have a comprehensive premium deduction of $100. You will pay the first $100, then your insurance company will pay the remaining $900 of the vehicle repair bill. If you have an older vehicle, you may want to consider whether you need comprehensive coverage, as it is usually limited to the actual cash value of your car.

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