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<p class="has-black-color has-text-color has-large-font-size">Comprehensive and collision both provide coverage for damage to your vehicle, but from different types of damage. Collision covers damage from a crash, while comprehensive kicks in for non-collision events like weather damage.</p>
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<p class="has-black-color has-text-color has-large-font-size">Comprehensive and collision insurance are two types of car insurance that are part of a full coverage policy. They pay to repair physical damage to your vehicle after an accident, regardless of fault, or a non-collision event, like theft or weather damage.</p>
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<p class="has-black-color has-text-color has-large-font-size">Comprehensive insurance and collision insurance are not legally required, but if you have a loan or lease on your car, you’ll need both. Without comprehensive and collision insurance you will have to pay out of pocket for repairs to your vehicle in any situation where another driver's liability insurance isn't covering the cost.</p>
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<p class="has-black-color has-text-color has-large-font-size">Below, we’ll discuss the differences between comp and collision, the average cost of collision insurance compared to comprehensive, and why you might need a full coverage policy, even if you own your car outright.</p>
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<p class="has-black-color has-text-color has-large-font-size"><strong>KEY TAKEAWAYS</strong></p>
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<ul class="has-black-color has-text-color has-large-font-size"><li>Comprehensive insurance and collision insurance provide physical damage coverage for your vehicle.</li><li>Collision insurance pays for your vehicle’s repairs after an accident regardless of fault, while comprehensive insurance pays for non-collision damage from things like weather damage, vandalism and theft.</li><li>Collision and comprehensive insurance are typically purchased together as part of a full coverage car insurance policy.</li></ul>
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<h2 class="has-black-color has-text-color has-extra-large-font-size" id="Whats_the_difference_between_comprehensive_and_collision">What's the difference between comprehensive and collision?</h2>
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<p class="has-black-color has-text-color has-large-font-size">Collision and comprehensive insurance are common coverages that are part of a full coverage policy. They both cover damage to your vehicle, but from different causes.</p>
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<p class="has-black-color has-text-color has-large-font-size">As the name suggests, collision insurance covers accidents. Specifically, it will pay for your vehicle’s repairs if you're at fault or there is no other insurance to pay for the damage. It also covers rollovers and single-car accidents. So, for instance, if you back into a telephone pole, collision insurance will pay for the repairs.</p>
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<p class="has-black-color has-text-color has-large-font-size">Comprehensive insurance, on the other hand, pays for your vehicle’s repair or replacement after a non-collision incident that is  out of your control. For example, comprehensive insurance kicks in when your car gets stolen or vandalized, or in the case of weather-related damage. It also covers things like fire damage, flood damage and accidents with animals.</p>
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<p class="has-black-color has-text-color has-large-font-size">The table below lists a few examples of claims, and which type of insurance would apply to each.&nbsp;</p>
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<figure class="wp-block-table"><table><thead><tr><th>Incident description</th><th>Type of claim</th></tr></thead><tbody><tr><td>Damage from hitting a boulder in the road</td><td>Collision</td></tr><tr><td>Damage from a boulder rolling into your car</td><td>Comprehensive</td></tr><tr><td>A tree limb falls onto the car roof</td><td>Comprehensive</td></tr><tr><td>The car hits a fallen tree in the road</td><td>Collision</td></tr><tr><td>Smashed window from someone breaking into your car</td><td>Comprehensive</td></tr><tr><td>Window broken from a hit-and-run driver running into your car</td><td>Collision</td></tr></tbody></table></figure>
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<p class="has-black-color has-text-color has-large-font-size">A notable difference between collision and comprehensive coverage is that your car insurance rate is more likely to increase due to a collision claim than a comprehensive claim. Collision claims are usually your fault, so your rate is more likely to rise. Typically, comprehensive claims are not at-fault incidents, so your rate may not increase much or at all.</p>
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<h2 class="has-black-color has-text-color has-extra-large-font-size" id="Comprehensive_vs_collision_insurance_cost">Comprehensive vs. collision insurance cost</h2>
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<p class="has-black-color has-text-color has-large-font-size">The cost of comprehensive vs. collision car insurance depends on many rating factors, including your age, gender, location, driving record, credit score and the type of car you drive.</p>
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<p class="has-black-color has-text-color has-large-font-size">On average, <strong>U.S. drivers pay $263 per year for comprehensive coverage and $723 per year for collision insurance</strong>, according to the most recent rate analysis by Insurance.com.</p>
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<h2 class="has-black-color has-text-color has-extra-large-font-size" id="What_is_comprehensive_insurance">What is comprehensive insurance?</h2>
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<p class="has-black-color has-text-color has-large-font-size">Comprehensive insurance is a type of auto insurance that pays for your vehicle’s repairs after a loss that is not caused by an accident. It’s often referred to as “other than collision” coverage.</p>
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<h3 class="has-black-color has-text-color has-extra-large-font-size">What does comprehensive insurance cover?</h3>
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<p class="has-black-color has-text-color has-large-font-size">Here are some types of losses that are covered by comprehensive insurance:</p>
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<ul class="has-black-color has-text-color has-large-font-size"><li>Minor windshield damage</li><li>Damage caused by falling or airborne objects like hail, rocks or tree branches</li><li>Theft</li><li>Vandalism</li><li>Fire</li><li>Natural disasters</li><li>Civil disturbances</li><li>Striking an animal</li></ul>
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<p class="has-black-color has-text-color has-large-font-size">When you file a comprehensive claim, you will have to pay the deductible. For example, if you had a $10,000 claim and a $1,000 deductible, you would receive $9,000 from your insurance company.</p>
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<h3 class="has-black-color has-text-color has-extra-large-font-size">What's not covered by comprehensive insurance?</h3>
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<p class="has-black-color has-text-color has-large-font-size">Despite the term “comprehensive,” comprehensive car insurance does not cover everything. Examples of items not covered by comprehensive insurance include:</p>
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<ul class="has-black-color has-text-color has-large-font-size"><li>Vehicle repairs after an accident</li><li>Damage you caused intentionally</li><li>Medical bills</li><li>Your personal items in the vehicle</li></ul>
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<h2 class="has-black-color has-text-color has-extra-large-font-size" id="What_is_collision_insurance">What is collision insurance?</h2>
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<p class="has-black-color has-text-color has-large-font-size">Collision insurance pays for your vehicle’s repairs after an accident that you cause. It also covers single-vehicle crashes and rollovers.</p>
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<h3 class="has-black-color has-text-color has-extra-large-font-size">What does collision insurance cover?</h3>
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<p class="has-black-color has-text-color has-large-font-size">Here are some situations where collision insurance would come into play:</p>
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<ul class="has-black-color has-text-color has-large-font-size"><li>Hitting a tree or telephone pole</li><li>Crashing into a building</li><li>Rolling or flipping your car</li><li>Hitting a pothole or curb</li><li>Backing into another car</li></ul>
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<p class="has-black-color has-text-color has-large-font-size">Like comprehensive insurance, collision coverage also has a deductible.</p>
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<p class="has-black-color has-text-color has-large-font-size">If another vehicle is responsible for your car's damage, but you use your collision coverage to expedite repairs, you’ll still have to pay the deductible. However, your auto insurance company should subrogate (try to recover your repair costs from the at-fault party). If it collects from the other party, your deductible may be refunded to you.</p>
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<h2 class="has-black-color has-text-color has-extra-large-font-size" id="Do_I_need_comprehensive_and_collision_insurance">Do I need comprehensive and collision insurance?</h2>
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<p class="has-black-color has-text-color has-large-font-size">You aren’t legally required to carry comprehensive or collision insurance, but that doesn't mean you don't need full coverage. If you have a loan or lease on your vehicle, you'll be required to carry comprehensive and collision. Aside from that, it's still a good idea for many drivers, especially those without the ability to pay for repairs out-of-pocket.</p>
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<p class="has-black-color has-text-color has-large-font-size">"One of the biggest mistakes people make is not having the coverage," Peyton says. "Because it's almost always the person who can't afford an unexpected expense who decides to try and save a little money by dropping coverage."</p>
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<p class="has-black-color has-text-color has-large-font-size">Without comprehensive and collision insurance, you are at risk of covering all repairs or the total replacement of your car on your own.&nbsp;</p>
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<h2 class="has-black-color has-text-color has-extra-large-font-size" id="How_to_get_cheap_comprehensive_and_collision_insurance">How to get cheap comprehensive and collision insurance</h2>
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<p class="has-black-color has-text-color has-large-font-size">Adding comprehensive and collision insurance to your auto insurance will cause your premium to increase. However, there are a few things you can do to reduce the cost of full coverage insurance:</p>
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<ul class="has-black-color has-text-color has-large-font-size"><li>Bundle auto insurance with home insurance</li><li>Choose a car that's less expensive to insure</li><li>Improve your credit score</li><li>Drive less</li><li>Improve your driving record</li><li>Increase your deductible</li><li>Look for car insurance discounts</li><li>Pay your annual premiums in full</li><li>Sign up for a usage-based discount program</li></ul>
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<p class="has-black-color has-text-color has-large-font-size">Peyton says that by far the best way to save on optional coverage for your car is to combine your auto and homeowners insurance. Other top discounts include savings for safe drivers and good students.</p>
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<h2 class="has-black-color has-text-color has-extra-large-font-size" id="Comprehensive_vs_collision_insurance_claims">Comprehensive vs. collision insurance claims</h2>
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<p class="has-black-color has-text-color has-large-font-size">When it comes to collision and comprehensive insurance, the claim process works similarly. After the loss, you’ll need to document the damage and notify your insurance company of the incident.</p>
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<p class="has-black-color has-text-color has-large-font-size">Once the claim has been filed and a claim adjuster has been assigned to your claim, they will investigate the loss, verify your coverage and determine how much money you are owed. You’ll then be offered a settlement to cover the cost of your vehicle’s repairs (or purchase a new vehicle, if your car was totaled).</p>
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<p class="has-black-color has-text-color has-large-font-size"><strong>In a total loss, your settlement will be based on the actual cash value (ACV) of your vehicle, minus a deductible.&nbsp;</strong>This means that depreciation is factored into the value of your car.</p>
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<h2 class="has-black-color has-text-color has-extra-large-font-size" id="When_to_cancel_comprehensive_and_collision_insurance">When to cancel comprehensive and collision insurance</h2>
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<p class="has-black-color has-text-color has-large-font-size">At a certain point, it no longer makes sense to pay for collision and comprehensive insurance. As a general rule, if your premiums and deductibles for comprehensive and collision insurance are equal to or greater than the fair market value of your vehicle, it's likely time to drop the coverage.</p>
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<p class="has-black-color has-text-color has-large-font-size">For example, if your car is worth $1,000 and your coverage costs $500 a year plus a $500 deductible, you're not really getting anything for your money.</p>
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<p class="has-black-color has-text-color has-large-font-size">If your premiums exceed 10% of your potential payout, experts say you may want to drop your physical damage coverages. Your potential payout is the value of your vehicle minus your deductible.</p>
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<p class="has-black-color has-text-color has-large-font-size">For example: If your car is worth $3,000 and you have a $500 deductible, your potential payout would only be $2,500 if your car was totaled, and you placed a collision claim. Using the 10 percent rule, if your collision and comprehensive coverage cost $250 or more a year, it's time to consider canceling the coverage.</p>
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<p class="has-black-color has-text-color has-large-font-size">Depending upon your deductible and other factors, you could consider dropping both comprehensive and collision insurance if your vehicle's value is below the amounts shown below, where the cost of insurance and deductible is equivalent to the value of your car.</p>
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<p class="has-black-color has-text-color has-large-font-size">Of course, if you still have a loan on your car, you will have to keep the coverage until it’s paid off. And, at the end of the day, it’s up to you to decide whether keeping the coverage is worth the expense.</p>
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<p>To read the full article, <a href="https://www.insurance.com/auto-insurance/coverage/comprehensive-and-collision-auto-insurance.html">click here.</a></p>
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