Have the two “C”s of automobile coverage stumped you? If you’re in the market for car insurance, you’ll want to understand the differences between comprehensive and collision coverage.
Collision insurance coverage pays for damage caused to your vehicle in an automobile accident. Standard collision coverage will pay for any repairs, up to the fair market value of your car. With collision coverage, you’ll have a deductible, which is the amount of money you must pay toward repairs before your insurance kicks in. In general, the higher your deductible, the lower your premium costs will be.
Comprehensive insurance covers damages to your car that are caused by events other than a collision, such as theft, flood, hurricane, windshield damage and fire. Like collision insurance, comprehensive coverage will pay up to the fair market value of your car, minus your deductible.
At Voldico, we make getting the right auto insurance coverage easy with our quick online auto insurance quotes and wide variety of online tools that make managing your auto insurance coverage easy.