What Is Comprehensive Insurance?

Comprehensive insurance coverage is a coverage that helps pay to replace or repair your car or truck if it’s taken or damaged in an occurrence that’s not an auto accident. Comprehensive, often called “other than collision” coverage, usually covers damage from fire, vandalism or falling items (like a tree or hail). For repair and a loaner car, auto body shop near me collision repair near me Chicago Illinois Chicago Autohaus offers both in their customer process to make the situation smooth and easy.

If you’re looking for auto insurance or are evaluating your current policy, you may want to consider comprehensive coverage. Learn what comprehensive insurance coverage helps protect, how it is different from collision coverage and how limits and deductibles apply to the protection. Does car insurance go up after an accident?

What Is Covered By Comprehensive Insurance?

Comprehensive helps cover damage to your automobile that’s not the outcome of a collision, such as:

  • Theft
  • Vandalism
  • Fire
  • Natural disasters (like a cyclone or a twister).
  • Damage done to your car by animals. (hitting a deer)
  • A civil disturbance (like a riot that leads to damage or destruction of your automobile).

3 Things Not Covered By Comprehensive Insurance

  1. Damage to your automobile from a collision.
  2. Damage to another person’s car or truck from a collision.
  3. Your (or your passengers’) medical costs after an accident. allstate.com

Is It Better To Have Collision Or Comprehensive Insurance?

Collision Insurance – Covers damage to your car or truck in case of a covered accident involving a collision with another vehicle. This might include repairs or a complete replacement of your covered car or truck.

Comprehensive Insurance – Pays for damage to your car or truck caused by covered events such as theft, vandalism or hail, which are not collision-related.

In some cases, comprehensive insurance covers the scenarios that collision insurance does not– which is why bundling the two together can work in your favor. View the table below to get a much better understanding of circumstances each type of insurance coverage can cover.

What To Consider When Deciding

You might be questioning if having both types of coverage is necessary. In order to determine if you require collision insurance and comprehensive insurance, consider the following:

The overall value of your cars and trucks – Knowing just how much your vehicle is worth is important. Is your cars and trucks new and higher in value? If so, these protections could save you from paying out of pocket in the event your car needs to be repaired or changed.

Likelihood of a car or truck accident – Consider how often and how far you drive your automobile. If you have a long commute or drive frequently, the danger may be higher usually

Your present financial situation – Would your savings allow you to cover the expenses of a mishap out of pocket? If your car were taken, do you have the money to replace it?

The location of your residence or commute – Consider the area you live in and where you drive most regularly. Is your location known to have more reports of vehicle damage due to fallen branches or collisions with wildlife?

If thinking about the above factors have actually assisted you in identifying that your automobile is high in value, you regularly drive cross countries and your current monetary situation would not allow for unanticipated expenses, having both comprehensive and collision insurance coverage might be the right decision for you. If you are interested in protection that covers damages to other vehicles or property (if you are found at fault in an accident), you might want to look into liability insurance. nationwide.com

Can I Drive Any Car With Comprehensive Insurance?

If you have a comprehensive policy for your vehicle, you might have driving other automobiles (DOC) cover included. In the past, driving other cars and trucks was a relatively standard addition to comprehensive policies, however less insurance providers now use the coverage.

Driving other automobiles coverage does allow you to drive another automobile, a lot of policies will only cover you to drive other vehicles with 3rd party cover, rather than the completely comprehensive coverage you get on your own cars and trucks.

3rd party is the minimum coverage you are legally required to drive with, and in case of a mishap your insurance provider will pay for any damage to 3rd party cars or property, but will not pay for repairs or replacement of the vehicle you were driving. So if you’re driving a friend’s cars and trucks and are in an accident, you could be accountable for any repair bills to their vehicle as this won’t be covered by insurance coverage. This level of coverage will also cover injuries caused to any 3rd parties, including your guests, however not to yourself.

Driving other cars coverage is generally available on a comprehensive cars and truck insurance policy. If you have a third party (or 3rd party, fire and theft) cover on your own vehicle, you will not be covered to drive any other vehicles. uswitch.com