What is Comprehensive Coverage?

Tree Fallen on Car

 

Comprehensive car insurance is an extension of collision coverage that provides insurance in the event that your vehicle is damaged by something other than a collision. In short, a comprehensive policy is just that, coverage that will protect you regardless of the cause of an accident. 

A policy that includes comprehensive car insurance will protect you if your vehicle is damaged by weather events, natural disasters, theft, vandalism or fire. The maximum benefit that may be awarded by a comprehensive car insurance policy is total damages less your deductible. 

For vehicles that have current finance or lease agreements, comprehensive insurance may be required by the finance company. This requirement is a safeguard for both you and your finance company, as the finance company will not want any uncovered damages to occur to their vehicle, which is the collateral for your loan or lease. Also, if your vehicle is newer and recently paid off, you may wish to keep the coverage. The only drivers for whom comprehensive insurance is not recommended are those who drive older models that have low actual cash values.

Comprehensive car insurance will cover all damages to the vehicle, up to the limits stated in your policy. 

The materials available in the Knowledge Center are for informational purposes only and not for the purpose of providing legal advice. You should contact legal counsel to obtain advice with respect to any particular issue or problem. Use of this website or any of the links contained within the website do not create representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.