Comprehensive auto insurance

Comprehensive auto insurance is a particular type of coverage that is often purchased together with collision insurance although it can also be obtained separately. This type of coverage aims to protect you from any damage incurred by your vehicle during a non-accident circumstance. For instance, if your vehicle gets stolen, a comprehensive auto insurance policy pay you for you vehicle’s replacement value. The coverage will also pay for any damage brought about by natural calamities such as floods, fires, wind damage, fallen trees, animal hits, and hail.
What Does Comprehensive Auto Insurance Cover?

Each policy that carries a comprehensive coverage will list in detail which specific types of cases and incidents will be covered by the insurance policy. The policy may have some exclusions as well but typically, it should provide wide coverage for varying situations where your car gets damaged. Comprehensive auto insurance will never include damage caused during an accident, since collision coverage- a different policy provision- is required for this type of protection.

Comprehensive coverage is ideal for those who live in areas where hail storms and windshield cracking occur regularly. Similarly, those who often take long drives on rocky highways, which could bring about windshield cracking, will be protected when insured with a comprehensive policy.
How Does Comprehensive Auto Insurance Work?

If you have comprehensive auto insurance and you have incurred damage to your vehicle, your insurance company will determine the value that must be paid in order to repair or even replace your vehicle. This value will then be reduced by your policy’s deductible. For instance, if your vehicle gets stolen, your insurance company will determine its replacement value. Let’s say the replacement value amounts to $10,000 and you have a deductible of $500. Your insurer will then issue you a check of $9500 for vehicle replacement.
Purchasing Comprehensive Auto Insurance

While most individuals who own cars that are more than 10 years old will typically decline comprehensive auto insurance coverage, it is recommended that most vehicle owners opt for this comprehensive coverage to fully protect themselves from all circumstances including vehicle damage brought about by theft, windshield cracking, or acts of God. Car owners with a comprehensive auto insurance policy will be more financially secure as they are protected from calamity.

When shopping for a policy, be sure to take your time when comparing quotes. The rate you are given will be based on your driving and credit record. Feel free to discuss with your insurer which coverage will fit your lifestyle the best and to ask whether comprehensive auto insurance coverage makes sense in your situation.