Comprehensive insurance allows auto owners to repair their vehicles when damaged from weather or natural damage and vandalism. Comprehensive insurance is one of the most used aspects of an auto policy. There are three major benefits that come from having comprehensive insurance.
- Major Peril Benefits: When it comes time to file a claim. Theft, fire damage, storm damage, and many others are covered by this coverage.
- Glass and Rental Car Benefits: Some people do not realize that some comprehensive coverage will cover a rental car. This benefit gives a driver a rental car just in case theirs is being fixed. Sometimes if you get a rental car for vacation or a trip, Your insurance covers this rental too. Always check with your agent to make sure you insurance covers a rental car in the event it is damaged. Some people are also amazed to find out that even though glass coverage is not listed on their policy it still is covered under comprehensive coverage.
- Loan Benefit: Most lenders want some kind of physical damage coverage to be on the vehicle. Comprehensive coverage satisfies this requirement making it possible to get the loan.
- Benefit of Peace of Mind: The newer the car the more concern there is from the owner about damage. Comprehensive insurance gives peace of mind that there is an option to have the vehicle fixed should the need arise from a defined peril in the coverage definitions.