Whether it’s some minor dents and dings or a more serious crash, chances are a vehicle you own will suffer some damage in your lifetime. So how do you protect your car from accidents? Your best method is investing in automobile insurance.
When it comes to choosing auto insurance, you’re going to have to do a bit of research to make a sound decision. But no need to worry. At CarTek Collision, we’re here to help. To get you started on selecting your coverage, we’ve broken down the differences between two common kinds of auto insurance: collision and comprehensive.
What is Collision Insurance?
If your automobile is damaged or destroyed in a car accident, collision insurance will generally take care of the costs to fix or replace your vehicle. Collision insurance will fund auto repair and replacement fees that come from both collisions and car crashes. This means it will cover the cost of a collision with another vehicle or a collision with a stationary object.
If you’ve experienced a crash or collision, you can schedule an appointment with CarTek Collision, serving Eagle Rock, Los Angeles, Pasadena or Glendale. We work with all major insurance companies, and our collision specialists can repair any makes and models.
What is Comprehensive Insurance?
Despite its name, comprehensive insurance doesn’t actually provide complete coverage of your car. But it does cover damage to your automobile that isn’t the result of a collision. These include:
- Natural disasters such as hurricanes, tornadoes, storms, climate-related disasters, and earthquakes
- Fires and explosions
- Civil commotions
- Impact from animals
- Falling objects that hit and damage your car
- Terrorism
Because comprehensive policies generally only reimburse you for what your car is currently worth, if you have an older car, you might want to forego comprehensive coverage. But if you have a newer car with a high cash value, you should consider investing in comprehensive insurance. This will keep your vehicle as safe as possible should an accident occur.
Should I Get Collision or Comprehensive Insurance?
Obviously, the best way to protect your car from all kinds of damages is by getting both collision and comprehensive insurance. The more coverage you have, the more relieved you will be during an emergency or unexpected event.
However, when it comes to purchasing comprehensive insurance, you should think about the value of your car before you make the investment. If your car isn’t worth a lot of money and the comprehensive insurance seems like a large cost for you to take on, you might want to skip it. The same thing goes for collision insurance. If you bought your vehicle when it was old or it has significantly decreased in value since you purchased it, you might want to consider getting rid of your collision coverage.
One important factor to consider when it comes to deciding on insurance is the way you tend to handle your finances. Do you live paycheck to paycheck or do you have a comfortable amount of savings? If you have enough funds to cover unforeseen damages to your car out of pocket, you’re in a position where you can forego collision and comprehensive coverage. But if your savings are tiny, it’s likely important that you receive emergency compensation from your insurance company if your car is suddenly totaled.
Benefits of Collision Insurance
What Does Collision Insurance Cover?
Visit CarTek Collision for Your Vehicle Repairs
These are simply the basics, and if you’re interested in more information and recommendations regarding accident protection, we highly recommend further research. Additionally, if your automobile has already experienced damages and needs repair, make an appointment with us at CarTek Collision to receive the high-quality service your vehicle deserves.
Differences Between Collision and Comprehensive Insurance