Driving a car carries risks, and not just when you’re on the road. Your vehicle can also suffer damage that is beyond your control, such as bad weather conditions. The good thing is that having comprehensive auto insurance can help, no matter what comes your way.
What is comprehensive insurance?
Comprehensive insurance Your comprehensive auto insurance coverage, also known as non-collision coverage, can help pay for the costs of damage to your car for non-accident related claims. For example, this coverage can help pay for the repair if hail dents your hood.
This insurance helps cover damages up to the actual cash value (ACV) of your car, less any deductible amounts. However, it does not cover damage caused by a car accident unless it is from an animal. This means that if you hit a deer, you will have to pay your deductible, then your comprehensive insurance will cover the rest of the costs.
It is important to note that this coverage is optional. You have to add it on top of your other toppings. But, if you are financing or leasing your car, your lender will likely require it.
Most drivers benefit from this coverage and you can learn more by getting a quote from The Hartford1’s AARP® Auto Insurance Program today.
What does comprehensive insurance cover?
Comprehensive insurance helps to pay for damages caused by:
- Natural disasters like hurricanes or tornadoes
- Falling objects
- A civil disturbance, like a riot
- Hitting an animal
- Glass damage
Your comprehensive auto insurance policy will not help cover:
- Damage to your car from a collision
- Medical expenses
- Legal fees
- Loss of income to you or your passengers if you miss work after an accident
- Damage to someone else’s car from a collision
- Stolen property from your car
Limits and deductibles of comprehensive insurance
What Comprehensive Insurance Covers Your deductible is the amount you pay on your claim before your auto coverage begins. Once you pay for that, your auto insurance will cover the rest of your costs, up to your limit.
Let’s say your car is damaged and it will cost $ 6,000 to repair, and your deductible is $ 1,000. You will only pay the $ 1,000 deductible and then your insurance company will pay the other $ 5,000 on your comprehensive claim. When you buy comprehensive insurance, you will choose a deductible amount.
How much does a comprehensive insurance cost?
Comprehensive auto insurance rates can vary. Some factors that influence the cost are your:
- Driving history
- Model and age of the car
- Deductible amount
If you plan to purchase comprehensive auto insurance coverage, selecting a higher deductible can help lower the cost of your premium. However, it also means that you will have to pay more out of pocket if you have an accident. In most cases, you’ll want to base your deductible choice on the actual cash value (ACV) of your car.
To determine the ACV of your car, we will compare it to the values of similar vehicles in your area. For damaged cars, our comprehensive insurance coverage will help you pay an amount up to your ACV to repair or replace it. If the cost of the repairs exceeds the ACV of your car, it is totaled. In this case, we will pay you the sum of your ACV to help you replace it.
For more information, get a comprehensive auto insurance quote today.
Who needs comprehensive coverage?
Drivers across the country can benefit from comprehensive auto insurance. In fact, if you live in an area with a lot of theft, vandalism, or natural disasters this optional coverage is especially helpful. For example, if you live on the Florida coast or in an area with wildfires, this coverage can help protect your car from the costs of non-collision damage.
Questions to ask yourself to see if you need this coverage are:
- Does Your Car Lender Require Comprehensive Coverage? If they do, you won’t be able to get your car without it.
- How much is your car worth? If it is less than what you would pay for your insurance premium, this coverage may not be worth it.
- Do you live in a densely populated area? Larger cities and towns may also have more crime than you might want to protect yourself from.
Comprehensive versus collision insurance
Comprehensive coverage It’s easy to combine comprehensive and collision insurance. This is because both coverages insure your car. However, they cover different things.
Collision insurance helps cover car accidents, while comprehensive coverage is more of physical damage insurance. Help pay for damages that are beyond your control. Therefore, if a natural disaster or animal damages your car, this.
Collision insurance helps cover car accidents, while comprehensive coverage is more of physical damage insurance. Help pay for damages that are beyond your control. So if a natural disaster or animal damages your car, this coverage can help pay for the repair.