At Liberty Insurance, some of our many coverage options as part of our auto insurance include comprehensive and collision insurance. While the two are often paired together, they cover two different types of accidents you can have in your car. To help you understand how the two contrast, here is the difference between comprehensive and collision insurance:
Comprehensive coverage refers to damages that are not the result of a collision. This could include animal collisions, falling objects, fires, floods, glass breakage, hail, theft, vandalism, and windstorms. If a hurricane caused a tree to snap in half and land on top of your car, your comprehensive coverage will supply the funds to repair the damage.
Collision coverage accounts for when a vehicle overturns or collides with an object (i.e. a post or a curb), person, or another vehicle. With this coverage, fault is not a determinant. The coverage could assist in funding repairs, towing costs, and perhaps vehicle replacement depending on the policy.
Both comprehensive and collision coverage require a deductable first, meaning you are subject to a front-end copayment before the insurance company supplies the remainder.
Neither is legally required when you are choosing the options for your auto insurance policy. The addition of either could come down to your personal needs and situation, and you should assume as much risk as you can afford both financially and emotionally. Be sure to discuss the factors unique to your situation with one of our professionals to ascertain which coverage is best for your situation.
To answer your remaining questions with regards to the difference between comprehensive and collision coverage, as well as if one or both is right for you and your auto insurance needs, be sure to contact one of our knowledgeable agents, or call us at (800) 940-1774!