What is Comprehensive Car Insurance?
In summary, comprehensive coverage indemnifies the policyholder (minus the deductible) for vehicle damages caused by specified perils, excluding collisions; sometimes referred to as "Other than Collision". When filing a comprehensive claim, there is often a deductible that must be paid on a "per incident" basis.As usually required for financed or leased vehicles, comprehensive may come in a package with "collision coverage" (together abbreviated as "comp and collision"). It is also often referred to as "full coverage" when liability is added. The following perils may be covered by comprehensive coverage:
- Storms ( sandstorms, windstorms)
- Falling and flying objects
- Broken windows and windshields
- Collision with animal
- Aftermarket Electronics
- speakers, radios, stereos, tape decks, and compact disc players
- cassettes, CDs, and DVDs
- CB radios, telephones, televisions, DVD players, VCRs and computers
- radar detectors
- body kits
questions concerning property kept in their vehicle they should contact their provider to help clarify these issues.
What are deductibles? - A specified amount that policyholders would have to pay in the event of a claim caused by one of the perils described above. The insurance company would then pay the balance, up to the specified limits, of the cost of repairs or replacement.
Recommended comprehensive auto insurance deductibles:
Since comprehensive coverage depends on the vehicle, driver, location and a few other factors, get auto insurance quotes and request comprehensive coverage to see how much it costs for you specifically. The price of premiums may vary significantly within different carriers; therefore consider comparing multiple insurers to find a better deal.
The cost of comprehensive auto insurance can vary due to several factors. The type of vehicle can affect the price substantially. The more expensive the automobile, the more it would would cost to replace in the event that it is becomes declared a total loss by the insurer, stolen or destroyed by fire. Higher end vehicles are more costly to repair; therefore, the more expensive the vehicle, the more it costs to insure. A driver's history and residence will also affect premiums. Certain areas have higher crime rates thus raising the likelihood of theft or vandalism. By shopping around, this gives consumers a better chance of finding the best prices.