Comprehensive insurance is coverage that helps pay for the replacement or repair of your vehicle in the event of theft or damage in an incident other than a collision. Comprehensive coverage, sometimes called non-collision coverage, generally covers damage caused by fire, vandalism, or the fall of objects (such as a tree or hail). Comprehensive insurance is an auto insurance policy that covers certain damages to your vehicle that are not caused by a collision with another car. It is required on leased vehicles and on vehicles that are currently being paid for with a loan.
Comprehensive auto insurance is supplemental, meaning it's optional coverage that can be added to an insurance policy. For maximum protection, you can combine comprehensive coverage with liability and collision coverage, or choose classic car insurance that offers flexible use and coverage designed specifically for classic cars. Comprehensive insurance is a type of car insurance that covers damage to your car from causes other than a collision. Comprehensive insurance will cover your vehicle if it is destroyed by a tornado, dented by a collision with a deer, spray-painted by a vandal, damaged by a break-in or crushed by a collapsing garage, among other causes.
Comprehensive coverage covers the repair or replacement of a covered vehicle that has been stolen or damaged by something other than a collision or rollover. This insurance means that you won't end up paying out of pocket if a tree falls on your car or if a thief steals your catalytic converter. Comprehensive insurance works similar to any other type of car insurance if you need to file a claim. When buying comprehensive coverage or any other type of car insurance, be sure to compare the best car insurance companies to find the most affordable rates.
As mentioned, comprehensive insurance is optional coverage that can be added to the liability insurance required by the state and that provides additional protection in the event of accidents not caused by a vehicle collision. Seeing an example of comprehensive insurance in action can offer insight into how valuable it can be if your car is damaged. Collision insurance covers you if your car is damaged by another vehicle, a stationary object, or if it rolls over. If you lease your vehicle or if you used a loan to buy it, your lender or finance company will likely require you to purchase comprehensive car insurance, since your landlord or lender will want to be protected if anything happens to your car during the term of the lease or loan.
If you have a new car and live in a high-crime area, comprehensive insurance will cover the damage caused by any theft or theft. A windshield broken by hail would be covered by comprehensive insurance, while a windshield broken by a traffic accident would be covered by your collision insurance or by the other driver's liability insurance. It can make sense to have comprehensive car insurance if you're buying a new car, regardless of whether you finance it or pay in cash. The terms, definitions and explanations of insurance are for informational purposes only and do not replace or modify in any way the definitions and information contained in the individual pages of contracts, policies or insurance statements, which are decisive.
Collision insurance and comprehensive insurance have their deductibles (liability insurance has no deductibles), so the driver can choose different deductibles depending on the levels of risk perceived in each of these areas. Comprehensive insurance, collision insurance, and liability insurance are the three components of an auto insurance policy.