Collision vs Comprehensive Auto Insurance Policy

These policies are usually the main reason most people opt to buy auto insurance. If we are to be honest with ourselves, we will agree that accidents are almost inevitable. So you are a very careful driver and you do your best to obey all the road rules and regulations. This in no way stops other law breaking drivers from colliding with you. As a matter of fact, as long as you are on the road, you are susceptible to getting hit.

This is what the collision policy in an auto insurance hopes to cover you from. This policy will cover all the repairs or replacement cost for your car after an accident. This policy usually has a maximum coverage limit. To be on the safe side, ask the right questions just before you purchase this policy. This policy usually results in high premium rates but you could raise your deductible to help lower it down.

A comprehensive policy on the other hand takes care of all damage or loss cost on your car outside an accident. In other words, if your car gets destroyed or damaged by arson or gets broken into or gets stolen, this part of the policy gets you covered. Just like the collision policy, this has a way of increasing your premium. There are several ways and tips to follow to help lower your premium, even with this policy in place.