What does comprehensive insurance cover? Comprehensive insurance covers damage to your vehicle that is not a result of a collision. Mount Vernon drivers can submit a claim if their car is lost, stolen, or hit by a falling object. A new car is an investment; protect your investment by opting for comprehensive insurance! Contact Victory Mitsubishi for more information on what comprehensive insurance covers before you drive home to New Rochelle! By the end of this piece, you’ll no longer have to wonder, “What is comprehensive coverage,” because we have the answers!
What is Comprehensive Coverage?
Compressive coverage protects your vehicle from damage that occurs outside of collisions. Whether your car is lost, stolen, vandalized, or damaged by a falling object, comprehensive insurance will have you covered.
What are the Differences Between Comprehensive Insurance & Other Types of Auto Insurance?
Comparing comprehensive car insurance coverage to other types of auto insurance can help you understand the differences and make an informed decision.
- Comprehensive Car Insurance: When you own a car, numerous risks can damage your vehicle that isn’t related to crashes and collisions. Comprehensive coverage safeguards you against problems like theft and vandalism.
- GAP Insurance: As soon as you drive your vehicle off the lot, its value depreciates. However, the remaining loan balance does not decrease at the same rate. Therefore, if a collision occurs during the initial months of ownership, GAP insurance protects you from being financially underwater.
- Liability Insurance: If you cause an accident near Mount Vernon or New Rochelle, you are responsible for damages caused to others. Liability insurance covers the cost of repairing or replacing other drivers’ vehicles if you are at fault in a collision. It also addresses the medical expenses of those injured in the accident.
- Collision Insurance: Collision insurance shields your own vehicle from damages sustained in single or multi-car collisions. Whether your vehicle requires repairs or replacement, collision insurance covers the necessary expense.
What Does Comprehensive Auto Insurance Cover?
While coverage details may vary among insurance providers, here’s an overview of what you can generally expect from comprehensive auto insurance:
- Vehicle theft
- Windshield and glass damage
- Vandalism, fire, and explosions
- Damage caused by falling objects, such as trees
- Damages resulting from storms, wind, hail, floods, lighting, and earthquakes
- Accidents involving collisions with animals, like hitting deer
In addition, it typically includes coverage for cracked or broken windshields and other types of glass damage. Also, it’s important that if you swerve to avoid hitting a deer on the road and end up colliding with another vehicle or a tree, the damages would be covered by collision insurance instead. Read more below to see Comprehensive vs. Collision Insurance.
How Does Comprehensive Insurance Coverage Work?
Now that you know what comprehensive insurance covers, let’s dive step by step into how the coverage works with this example:
- Your care sustains covered damage: Suppose an earthquake causes $5,000 worth of damage to your vehicle.
- You file an insurance claim: To receive coverage; you must file a claim with your insurance provider. Typically this can be done online, over the phone, or through a mobile app.
- Repairs for your vehicle: If your deductible is $1,000, you will need to pay this amount out of pocket, while your insurance will cover the remaining $4,000 in damages.
Comprehensive vs. Collision Insurance: What’s the Difference?
Understanding the difference between comprehensive coverage and collision coverage is important, as drivers in Westchester and other cities often get confused. Drivers need to know that while both types of auto insurance cover your vehicle, they protect against different events.
- Collision insurance specifically covers car accidents.
- Comprehensive insurance covers events beyond your control.
As you can see, comprehensive insurance is designed to protect your vehicle from damage that does not result from a car accident. It encompasses a wide range of incidents, including theft, vandalism, and damage caused by falling objects. However, there is a slightly gray area when it comes to animal collision, as mentioned above. Depending on the specifics, that event may fall under either collision or comprehensive insurance coverage.
Rely on Victory Mitsubishi for Comprehensive Insurance Coverage
If you’re curious about our insurance offerings, contact our finance department! They can help you determine what comprehensive insurance will cover, so you can drive home to Yonkers with peace of mind when you buy a car from Victory Mitsubishi! Answer all your car buying questions with our car buying tips and tricks from the comfort of your home with Victory Mitsubishi.
