Always Be Prepared for the Worst Case Scenario and Buy Collision Auto Insurance

Collision auto insurance is one of the most sought over policies and any responsible driver should own it.  The only problem is that it is a bit pricy and if you do not choose the right coverage and the right company, you may end up paying more than needed.  This is why we recommend you to get online auto insurance quotes and compare all prices. And always be prepared for the worst case scenario and buy collision auto insurance.

Collision auto insurance covers damage to your vehicle caused by contact with another vehicle or object, including rollovers. Your collision coverage covers your vehicle irrespective of who is at fault for the damage.  It also covers damage from accidents where no other car or object is involved, such as if you roll over or flip your car.

No state requires the acquisition of collision coverage, but many auto loan lenders and leasing companies will usually require you to buy collision and comprehensive insurance coverage. Insurance companies typically sell these two policies as a package, but drivers should note when comparing comprehensive and collision coverage that they protect against different forms of damage. Drivers deciding whether to drop or buy collision insurance coverage should weigh the costs and benefits of doing so.

Collision coverage comes with a deductible, which means you are responsible for some of the initial cost to repair your vehicle. Deductibles typically range from $250 to over $1,000 (per event, not per year). If you have a $500 deductible, and the accident causes $1,000 in damage, you will pay $500 and your insurer will pay the remaining $500.  When it comes to paying for damage to your own vehicle, the first line of defense against auto accidents is collision coverage.. Think more about the value of the car and if you drive an expensive one, you should really buy collision auto insurance.

Check our website for more info and free quotes.  Click here!

by Ciprian Gurgu