Define: Comprehensive Insurance

Comprehensive insurance is a type of auto insurance coverage that provides protection against damage to your vehicle caused by events other than a collision. This can include theft, vandalism, fire, natural disasters, and falling objects.

Comprehensive insurance is not required by law. However, if you have a car loan or lease, your lender or leasing company may require you to carry comprehensive coverage until the loan or lease is paid off.

Comprehensive insurance covers damage to your vehicle caused by events other than a collision, while collision insurance covers damage caused by a collision with another vehicle or object.

Yes, comprehensive insurance typically covers damage caused by a hit-and-run accident, as long as you have filed a police report and can provide evidence of the incident.

No, comprehensive insurance does not cover damage to your vehicle if you are at fault in an accident. It only covers damage caused by events other than a collision.

Some comprehensive insurance policies include coverage for a rental car while your vehicle is being repaired. However, this coverage may have limits and restrictions, so it’s important to review your policy or contact your insurance provider for specific details.

Yes, you can usually choose the deductible for your comprehensive insurance coverage. The deductible is the amount you must pay out of pocket before your insurance coverage kicks in. A higher deductible will generally result in lower premiums, while a lower deductible will result in higher premiums.

No, comprehensive insurance typically does not cover personal belongings stolen from your vehicle. However, your homeowner’s or renter’s insurance policy may provide coverage for stolen personal belongings, even if they were stolen from your vehicle.

There are several ways to lower the cost of comprehensive insurance, including increasing your deductible, maintaining a good driving record, installing anti-theft devices in your vehicle, and bundling your auto insurance with other policies, such as homeowner’s insurance. It’s also a good idea to shop around and compare quotes from different insurance providers to ensure you’re getting the best rate.