If you’re shopping for auto insurance coverages, you’ve likely come across the terms comprehensive and collision insurance. But you may not be familiar with what these terms mean, what they cover, and the similarities and differences between them. We help break it down and provide the information you need to make an informed decision.
Comprehensive insurance often takes special circumstances into account. If you accidentally hit an animal, for example, it’s considered out of your control—and therefore, covered by comprehensive insurance. If you live or frequently drive in a rural area with a high deer population, comprehensive insurance can provide significant value.
These two types of auto insurance have the following in common:
Although both of these coverages protect your vehicle, the main difference between them is the type of incident that causes the damage.
The costs of comprehensive and collision insurance are based on similar pricing factors as your overall insurance policy. Along with the factors we listed above, your insurance provider may also consider your age, credit score, driving record, and type of vehicle. Together, these factors will help determine your coverage limits, deductibles, and premiums.
If your car is on the older side and not worth much, you may be paying more for comprehensive and collision insurance than your car is worth. Also, if you don’t drive very much or you’ve parked your vehicle in a safe, secure location, talk with your agent to determine whether your coverages are providing value.
When searching for any kind of car insurance, explore many options. We recommend reviewing different types of coverages and comparing prices between different plans and companies. Start by requesting a free, quick quote from Dairyland.
Interested in adding comprehensive and collision insurance to your policy? Contact a Dairyland agent today—simply click Find an agent below.
Considering letting your insurance lapse, or even passing on car insurance altogether? Think again. There are significant risks associated with driving without auto insurance.The general information in this blog is for informational or entertainment purposes only. View our blog disclaimer.