Auto insurance policies are made up of many different types of coverage, some of which policyholders may either accept or decline. Two coverages that drivers sometimes decline are comprehensive coverage and collision coverage. If you don’t currently have these coverages on your auto insurance policy, you may want to add them before winter comes and driving conditions worsen.
Comprehensive and Collision Coverage
Comprehensive and collision both protect your car, although they provide protection in different circumstances.
In general, comprehensive coverage protects your car from any damage it sustains that isn’t caused by a collision with another moving vehicle. Specific coverage varies, but comprehensive coverage might include protection against damage caused by:
hitting an animal
a stone hitting your car’s windshield
vandals or thieves
a hailstorm or thunderstorm
Collision coverage, in contrast, provides protection for your car if it is in a collision while moving. (One exception is hitting an animal, which is usually covered under comprehensive coverage.) If you are at fault for an accident or involved in a no-fault accident, the collision coverage provided by your auto insurance policy may help you repair or replace your car.
As with all coverages, comprehensive and collision coverages come with their own deductibles, which are selected when purchasing a policy. The deductible you select, your car’s value and other factors will affect how much each of these coverages costs.
Declining Comprehensive and Collision in Summer
Often, comprehensive and collision coverages are some of the most expensive coverages in an auto insurance policy. To reduce their premiums, some drivers decline these coverages — especially during the warmer months when the weather is generally fair.
As winter approaches, however, it’s sometimes advisable to purchase these coverages. With winter comes more difficult driving conditions, and the chances of your car being damaged increase. Having comprehensive and collision coverages during winter will make sure your car is insured when it’s most likely to sustain damage. Once winter is over, you can drop these coverages if you’d like.
Finding Affordable Coverages is Easy
Finding affordable comprehensive and collision coverages is easy when you compare quotes online. In fact, you might even be able to find a policy that includes these coverages and isn’t much more than your current policy by shopping around with different insurers. To see how little you could protect your car for this winter, get quotes from auto insurers that serve your area.