Comprehensive insurance, often referred to as "comp coverage" or "other than collision coverage," is a type of auto insurance that provides coverage for damage to your vehicle caused by events other than collisions with other vehicles or objects. It is an optional coverage that is typically added to a basic auto insurance policy, such as liability coverage.
What Comprehensive Insurance Covers?
Damage from Natural Disasters: Comprehensive insurance covers damage to your vehicle caused by natural disasters such as hurricanes, tornadoes, earthquakes, floods, and wildfires.
Theft: If your vehicle is stolen, comprehensive insurance will reimburse you for the value of your vehicle, up to the policy limits.
Vandalism: Comprehensive insurance covers damage to your vehicle caused by vandalism, such as graffiti, keying, or other intentional acts of damage.
Falling Objects: If your vehicle is damaged by falling objects such as tree branches, rocks, or debris, comprehensive insurance will cover the cost of repairs or replacement.
Animal Collisions: Comprehensive insurance covers damage to your vehicle caused by collisions with animals, such as deer, elk, or livestock.
Fire Damage: If your vehicle is damaged or destroyed by fire, comprehensive insurance will provide coverage for repairs or replacement.
It's important to note that comprehensive insurance typically has a deductible, which is the amount you must pay out of pocket before your insurance coverage kicks in. You can choose your deductible amount when you purchase your policy, and higher deductibles usually result in lower premiums.
Comprehensive insurance provides valuable protection against a wide range of risks that can damage your vehicle, aside from collisions. While it is not required by law, comprehensive coverage can provide peace of mind knowing that your vehicle is protected from various non-collision-related hazards. It's especially beneficial for newer or more valuable vehicles, as the cost of repairs or replacement can be significant.
