Comprehensive Car Insurance

Comprehensive car insurance is optional for most drivers and insurance companies. Your decision to add comprehensive car insurance to your insurance package is based on a number of areas, such as the age of the car, affordability, whether you feel that you may have a high probability of incurring this type of damage etc. Car insurance companies provide comprehensive car insurance packages and you can request online car insurance quotes for liability, collision and comprehensive car insurance from most of our partners. They may also direct you to a broker in your state or town as well to provide personalized service.

Comprehensive car insurance coverage usually will cover such items as having your car stolen, and vandalism such as someone running a key down your brand new paint job etc.

If your car should some how start on fire, and be destroyed, comprehensive car insurance would also cover replacement up to the market value of the car less any deductible you might have.

It is important to mention two subjects. First if your car is totally destroyed or if the repairs are estimated to be higher than the estimated market value of the car, the insurance company will likely write the car off and pay you a lump sum payment equal to the market value of the car less the deductible. The deductible is an optional amount. A low deductible amount of $100 or $250 means that you pay the first $100 or $250 and then the insurance company will pay the remainder. In addition the lower the deductible amount is, usually the higher the premiums will be. So you may be able save some money on your insurance by purchasing comprehensive insurance with a $500 deductible vs. a $250 deductible coverage.

Comprehensive Car Insurance coverage also may cover natural disasters such as earthquakes, hurricanes and tornadoes, however if you live in an area were there is a high probability of these types of natural disasters occurring, your comprehensive insurance coverage cost may be a bit higher that it would be for other customers who live in areas that do not have these types of disasters occurring very often.

If your car is relatively new, you know that depreciation plays a big factor in the value of the car in the first few years you own the car. Some insurance companies also provide riders or addition insurance options that allow you to have your car replaced at the replacement value of the car and not the depreciated value. If you have an older car, you may not want to purchase comprehensive insurance, especially if you do not intend to fix it after an accident for example. Some drivers will purchase and old car to use to drive to work in the winter time and save their good car from the salt and wear of driving to work every day. These drivers may not always purchase comprehensive insurance. Of course if there car is stolen or destroyed by fire for example, they would not receive any funds since they are not covered.