Car insurance is like a best friend that has your back during tough times-you hope you never have to use it, but it’s there for you when you need it most. Whether your car is involved in an accident or suffers damage from a weather event, your car insurance can help pay to repair or replace your vehicle.
However, not all car insurance is created equal. There are different types of car insurance with varying levels of coverage, so it’s essential to understand what each policy covers before you purchase it.
Most importantly, you must ensure that you have the right coverage for your needs and get the best deal possible. But where do you start? And what should you be looking for?
In this guide, we’ll break down everything you need to know about comprehensive car insurance.
What Is Comprehensive Car Insurance?
Comprehensive car insurance is a type of vehicle insurance that covers damages to your car from events that are not related to accidents. In other words, it protects you from anything other than a collision with another car or object.
Some of the events that comprehensive car insurance can cover include theft, vandalism, weather damage (hail, floods, storms, etc.), and animal collisions.
Comprehensive car insurance may be a good option if you live in an area with a high crime rate or severe weather conditions. It’s also a good idea to carry comprehensive coverage if your car is newer or has a high value.
How Does comprehensive Car Insurance Work?
Comprehensive car insurance protects your vehicle in the event of damage that is not caused by a collision. This can include events such as theft, vandalism, weather damage, or animal collisions.
If your car is damaged in one of these events, your comprehensive car insurance policy will cover the cost of repairs (up to the limits of your policy).
For example, let’s say your car is vandalized, and the repairs will cost $3,000. If you have a comprehensive car insurance policy with a $1,000 deductible, you will be responsible for paying the first $1,000 of the repair bill. Your insurance company will then pay the remaining $2,000.
In some cases, comprehensive car insurance may also cover the cost of a rental car while your vehicle is being repaired.
However, before you purchase a comprehensive car insurance policy, it’s essential to understand that it will not cover damages caused by a collision. For that, you’ll need a separate policy known as collision insurance.
What Does Comprehensive Car Insurance Not Cover?
Comprehensive car insurance does not cover damages that are caused by a collision. For example, if you rear-end another car or get into a fender bender, your comprehensive policy will not cover the cost of repairs.
In addition, comprehensive car insurance does not cover the following:
- Damages caused by driving under the influence of drugs or alcohol
- Damages caused by recklessness or illegal activity
- Mechanical failures
If you want coverage for these types of events, you’ll need to purchase a separate policy known as collision insurance.
How Much Does Comprehensive Car Insurance Cost?
The cost of comprehensive car insurance varies depending on several factors, including the value of your car, your deductible, and the state you live in.
Generally speaking, comprehensive car insurance is more expensive than liability-only insurance. This is because it provides a higher level of protection.
However, the cost of comprehensive car insurance is still relatively affordable, especially when you consider the peace of mind it can provide.
How Do I Get comprehensive Car Insurance?
If you’re interested in comprehensive car insurance, shopping around and comparing quotes from different insurers is the best place to start.
You can get quotes from insurers online or by calling them directly. When comparing quotes, be sure to ask about discounts that may be available, such as a safe driver discount or a multi-policy discount.
Once you’ve found an insurer and a policy that you’re happy with, you can start the process of getting comprehensive car insurance. This typically involves completing an application and providing personal information, such as your driver’s license and Social Security number.
You may also be required to provide information about your car, such as its make, model, and year. Sometimes, you may need to have your car inspected before coverage can begin.
Once you’ve completed the application process, you’ll be able to choose a deductible and start coverage.
Typically, comprehensive car insurance policies have a $500 deductible, but this may vary depending on your insurer and the state you live in.
What Should I Do If I Have a Claim?
If you have a comprehensive car insurance policy and you need to file a claim, the first thing you should do is contact your insurer.
They will likely have a claims process that you’ll need to follow. This may involve getting an estimate for the repairs, sending in a copy of the police report (if applicable), and more.
Once you’ve submitted your claim, your insurer will review it and determine if it’s covered under your policy. If it is, they will provide you with a claims payout.
If you have any questions about the claims process, be sure to contact your insurer. They will be able to walk you through the steps and help you get the coverage you need.
Comprehensive car insurance is a type of auto insurance that covers damages caused by events other than collisions. This includes events such as theft, vandalism, and weather damage.
While comprehensive car insurance is not required in most states, it’s still a good idea if you want to be fully protected against unexpected events.