What is Comprehensive Insurance?

What is comprehensive insurance? If you plan to purchase a vehicle in the near future, you’re likely researching what kind of insurance coverage you need. Comprehensive car insurance protects against damage to your car that is not due to a collision. If your vehicle is lost, stolen, vandalized, or even hit by a falling object, comprehensive car insurance can help to cover the cost. Let’s take an in-depth look at what comprehensive insurance covers with the finance team at Exceptional Motorcar.
 

What Does Comprehensive Insurance Cover?

Let’s take a closer look at what comprehensive insurance covers for Lima and Toledo car owners. While specifics can vary by provider, comprehensive insurance generally covers loss or damage caused to a vehicle in ways other than collisions. Some of the things comprehensive insurance covers can include:

• Vehicle theft
• Windshield/glass damage
• Vandalism, fire, and explosions
• Falling objects like trees
• Storms, wind, hail, floods, lightning, earthquakes
• Hitting a deer/other animal-related accidents

How Does Comprehensive Car Insurance Coverage Work?

Now you know what comprehensive insurance is, but how does it work? Even though comprehensive insurance isn’t required by law like liability insurance, it can definitely help protect your investment. Here’s how:

• Your car is damaged in a way that’s covered by comprehensive insurance. For example, an earthquake causes $5,000 worth of damage to your vehicle.

• You file a claim with your insurance provider. Depending on your provider, you can typically file online, by phone, or via a mobile app.

• You have your vehicle repaired. If you have a $1,000 deductible, you’ll pay that amount out of pocket. Your insurance will take care of the remaining $4,000.

Comprehensive Insurance Coverage vs. Collision Insurance

There’s a simple difference between collision and comprehensive insurance. Collision insurance will cover damage caused if another Findlay driver hits your vehicle. Comprehensive insurance still covers damage caused by other means.

Contact Exceptional Motorcar for More Insurance Information

Having the proper insurance coverage for the way you drive can pay for itself should something unfortunate happen. Not sure what coverage you need? Get in touch with our Defiance finance department, and we’ll be more than happy to answer your questions and assess your insurance needs. Looking for additional information? We’d be happy to discuss gap insurance and liability coverage options as well.