Comprehensive insurance and collision insurance serve different purposes.
Comprehensive insurance provides coverage for non-collision events such as theft, vandalism, natural disasters, and damage from falling objects. It is an optional coverage, but it’s recommended if you want to protect your car from non-collision incidents.
Collision insurance, on the other hand, covers damages resulting from collisions with other vehicles or objects, regardless of fault. It specifically addresses accidents where your car is involved.
Comprehensive Vs Collision: Which is better?
Deciding between comprehensive and collision coverage depends on your specific needs and circumstances. If you want broader protection against various incidents, comprehensive coverage is a better choice. However, collision coverage is more suitable if you’re mainly concerned about accidents and collisions.
In general, it’s recommended to have both comprehensive and collision coverage to ensure maximum protection for your vehicle. Consider your budget, driving habits, and the value of your car when making a decision.
If I only choose one, will I still be covered for the other type of incident?
No, if you only choose one type of coverage, you won’t be covered for incidents that fall under the other category. For instance, if you only choose comprehensive coverage, your insurance policy will not cover damage to your vehicle caused due to collision. For complete protection, it’s best to have both coverages.
Final thoughts
Both comprehensive and collision coverage are optional but may be required if you have a car loan or lease. It’s often recommended to consult with an insurance professional to help you determine the best coverage for your situation.
