What is the difference between collision physical damage coverage and comprehensive physical damage coverage?
Collision coverage is defined as losses you incur when your automobile collides with another car or object. For example, if you hit a car in a parking lot, the damages to your car will be paid under your collision coverage. Comprehensive coverage addresses most of the other types of direct physical damage losses you could incur, including theft. For example, damage to your car from a hailstorm will be covered under your comprehensive coverage.
Collision is defined as losses you incur when your automobile collides with another car or object. For example, if you hit a car in a parking lot, the damages to your car will be paid under your collision coverage. Comprehensive provides coverage for most other direct physical damage losses you could incur. For example, damage to your car from a hailstorm will be covered under your comprehensive coverage. It is important to know the differences between the collision and comprehensive coverages for a couple of reasons. First, in order to make an informed purchasing decision about these optional coverages, you need to know the difference between them. Second, the deductibles under the collision and comprehensive coverages are often different in amount. Q. What should I do if I have an accident? The duties you need to perform after you have an accident are prescribed both by state law and by the terms of your contract. Obviously, the first thing you should do is make sure everyone is all
Collision coverage is for losses incurred when your vehicle collides with anything, another vehicle, or object. For example, if you hit another car in a parking lot, the damages to your car will be paid under your collision coverage. For example, if you hit a pothole or ditch…the damage to your car would be paid under your collision coverage. Comprehensive coverage is for ALL other physical damage incurred when your car is NOT moving and includes such losses as fire, vandalism and theft. For example, damage to your car from a hailstorm will be covered under comprehensive coverage.
Collision is defined as losses you incur when your automobile collides with another car or object. For example, if you hit a car in a parking lot, the damages to your car will be paid under your collision coverage. Comprehensive provides coverage for most other direct physical damage losses you could incur. For example, damage to your car from a hailstorm will be covered under your comprehensive coverage. It is important to know the differences between the collision and comprehensive coverages for a couple of reasons. • In order to make an informed purchasing decision about these optional coverages, you need to know the difference between them. • The deductibles under the collision and comprehensive coverages are often different in amount.
Collision is defined as losses you incur when your automobile collides with another car or object. For example, if you hit a car in a parking lot, the damages to your car will be paid under your collision coverage. Comprehensive provides coverage for most other direct physical damage losses you could incur. For example, damage to your car from a hailstorm will be covered under your comprehensive coverage. It is important to know the differences between the collision and comprehensive coverages for a couple of reasons. 1. In order to make an informed purchasing decision about these optional coverages, you need to know the difference between them. 2. The deductibles under the collision and comprehensive coverages are often different in amount.