How it Works and What it Covers
There are many different types of auto insurance coverage that is available to those in the market for auto insurance coverage. Comprehensive Coverage car insurance is one such coverage. Comprehensive Coverage car insurance is a type of coverage that helps to pay for damages made to the car through things such as theft, fire, natural disasters, and other such events. In other instances when a collision occurs with objects or things other than other automobiles, such as collisions with animals or telephone poles.
As an example, you are in your car and in a parking space that has a large tree in front of it. When you return to your car and think that you have placed the car into reverse, only to pull straight ahead and straight into the tree. Coverage for the damage to the car falls under the Comprehensive Coverage of your auto insurance policy.
Comprehensive Coverage car insurance, like other coverages have possible deductibles that one has to meet before the claim is paid. There are some instances where it is not advantageous to file a claim under the Comprehensive Coverage care insurance. In situations where the damage done to the car is less than the cost of paying the deductible, the insured would be better off paying for the repairs out of pocket. This is because it is the less expensive option.
Comprehensive Coverage car insurance is not a coverage that is required in most states. However, it is a coverage that is well worth it to those that live in areas where there is a higher chance of auto theft, a person has a car that is among one of the most stolen, or lives in an area that may be prone to natural disasters, such as tornadoes and hurricanes.
Overall, Comprehensive Coverage car insurance is a good thing to have, but each person shopping for insurance should evaluate his or her individual situation to determine the level of coverage needed and if there is need for coverage.