Comprehensive Insurance vs. Collision Insurance: Which Do I Need?

There are two options for car insurance if your car has damage: comprehensive insurance and collision insurance. What’s the difference? Which do you need? You can find out on this page.

Defining Comprehensive Insurance vs. Collision Insurance

Comprehensive insurance covers the cost of damage caused by events like theft, hail, or vandalism that are not related to collisions. 

Collision Insurance covers the cost of damage from a collision with another car.

Some examples of issues that collision insurance would cover would be if your car rolled over, or hit an object or vehicle. Comprehensive insurance might not cover the situation you are faced with, so it’s important to look into both types of insurances. 

Comprehensive insurance would cover your car if there was a hurricane or it was vandalized or stolen. 

Do I Need Both Types of Insurance?

Some of you might wonder if having both insurances is necessary. You might pay more per month but without insurance, you’d be paying thousands of dollars out of pocket if you found yourself in a situation with a car accident. 

There are four factors to think about when determining if both insurances are right for you. 

  1. Area: consider the area you live in and the people in your community.
  2. Accidents: do you drive often or drive far on a daily basis? If you are constantly driving your car, you have a higher risk of getting in an accident.
  3. Savings: how much money have you saved? Do you have enough to cover the cost of damages that could result from a serious car wreck?
  4. Value of your car: think about the worth of the vehicle you’re driving. Is it new? Having these insurances will help you from paying out of pocket in the future. 

If you have an older car, it might be a good idea to drop collision insurance or not pay for it. The worth of getting a repair to any damage done could be less than the amount paid per month for the insurance rates. 

Getting Help

If you have been involved in an accident, one of the first questions that you may have is who will pay for damages. The answer to this question will vary based on the circumstances of the accident. You will also have to review your insurance policy to determine how much your insurance will cover. Our attorneys can go over your insurance policy with you and make sure that you understand who will pay for what. We can also help if you need to recover damages from the other party. This is oftentimes the case if they were at fault for the accident. To learn more, contact our office today. We are happy to help.

Submit your ticket & get it taken care of now!

You can take care of your ticket in minutes.

Quick Information Guide