Collision Insurance

Collision insurance is a type of car insurance that covers damages to your vehicle resulting from a collision with another vehicle or object. It can also cover damages from flipping your car or hitting a pothole. It can help cover the cost of repairs or replacement of your vehicle, which can be expensive. This is one way you can protect your financial assets if you are found liable for damages in an accident. Additionally, if it is covered, collision insurance can also help cover the cost of a rental car while your vehicle is being repaired.

Some common questions about collision insurance include:

What is the difference between collision and comprehensive insurance?

Collision insurance covers damages to your vehicle resulting from a collision, while comprehensive insurance covers damages from non-collision events such as theft, vandalism, and natural disasters.

Is collision insurance required by law?

No, collision insurance is not required by law. However, if you are financing or leasing your vehicle, your lender or lessor may require you to have it.

How does collision insurance work?

If you are in an accident and it is determined to be your fault, your collision insurance policy will pay for the damages to your vehicle up to the policy limit. If the accident is determined to be the fault of the other driver, their liability insurance will pay for the damages to your vehicle.

What is the deductible for collision insurance?

The deductible is the amount you pay out of pocket before your collision insurance policy kicks in. The higher the deductible, the lower your monthly premium will be. You can choose a deductible that you feel comfortable paying if you are in an accident.

Does collision insurance cover rental cars?

It depends on the policy, some policies will cover rental cars, but some do not. It is best to check with your insurance provider to see if rental cars are covered under your collision insurance policy