What Does Collision Auto Insurance Cover?
According to the Insurance Information Institute (III), basic collision auto insurance pays for damage to the policyholder’s vehicle as a result of colliding with another vehicle or some other object. Although specifics may vary somewhat by insurance provider, a vehicle with collision insurance is covered regardless of who is at fault in an accident. Collision insurance may save a driver thousands of dollars if there is an accident and the other driver does not have sufficient insurance. Furthermore, in an event where a driver incurs damage to the vehicle from poor road conditions, such as potholes, some collision policies will cover the costs of repairs (References 1, 3). What Type of Auto Insurance Covers Theft? Comprehensive auto insurance covers the policyholder’s vehicle in the event of theft. Comprehensive insurance pays not only for loss of the vehicle but for the contents as well. For example, broken windows and a busted stereo system in an attempted theft are covered under com
