Comprehensive and Collision Auto Insurance Coverage
This part of an automobile insurance policy covers damages caused to the insured vehicle and is broken down into two sections usually referred to as "full coverage car insurance" when purchased with the state's minimum requirements. These additions to policies can be extremely beneficial if a person is financing an automobile or has a vehicle that is worth a high value.
Comprehensive auto insurance policy coverage provides protection against the following:
Collision with animal
In summary, comprehensive coverage covers damage caused by anything "Other than collision". It is important to note that there are certain exclusions and some of the more common ones are as follows:
Electronic equipment not permanently installed. This may include but is not limited to radios, stereos, tape decks, and compact disc players.
Other electronic equipment included but not limited to CB radios, telephones, two-way mobile radios, scanning monitor receivers, television monitors, receivers, video cassette recorders, audio cassette recorders, and personal computers.
Tapes, records, discs, or other medial used in conjunction with the equipment described above.
If the covered auto or non-owned auto is destroyed or confiscated by governmental or civil authorities because you or a family member were engaged in illegal activities.
A camper body or trailer that is not shown on the declaration page of your policy.
Awnings, cabanas, or equipment designed to create additional living facilities.
Custom furnishings or equipment in a pick-up or van such as special carpeting, furniture, bars, sleeping and cooking facilities, height extending roofs, custom murals, paintings, decals or graphics.
What does Collision auto insurance cover? This coverage of a policy is defined as protection for "The upset of the covered auto or its impact with another vehicle or object". In other words, there has to be a physical contact between the covered automobile and another vehicle or object which then causes physical damage to the policyholder's automobile. Collision coverage compensates for:
Damage caused by the upset of the covered automobile
Damage caused by impact with another vehicle or object
The company has the right to choose which of the two following ways it will pay the claim:
They may give the policy owner an amount that is necessary to repair the automobile or replace the property that was lost.
The actual cash value of the damaged property or stolen item. Sometimes people are upset with this method, because the company can deduct for depreciation and adjust for a deteriorated physical condition of your vehicle.
Collision coverage is not dependent on fault. Regardless of who caused the accident, the policy owners is entitled to collision benefits. Collision benefits can be paid on vehicles the insured does not own. Learn more about choosing auto insurance deductibles and also get some tips.