What Is Comprehensive Car Insurance & How Does It Work?

The right insurance policy can be a lifesaver during an unexpected event that causes damage to your property. Today, you can find many different types of car insurance San Diego designed to allow you to pay for only the level of coverage that fits your needs. Comprehensive insurance is one type that can save you from financial devastation when the unforeseeable happens.

The Difference Between Comprehensive and Collision Insurance

There are several different types of auto insurance. For instance, liability insurance is the minimum requirement in California, and this simply covers damage you might cause to people or another vehicle in an accident. Collision insurance covers any damage done to your vehicle in an accident, and it kicks in whether you hit another car or an object such as a light pole. Comprehensive insurance covers other events, such as your car being hit by debris in a weather-related event. Since collision and comprehensive insurance are often purchased together, they tend to get lumped into the same category.

When Comprehensive Insurance Is Required

Lenders often require drivers to maintain comprehensive insurance until their loans are paid off, which ensures the cars don’t lose their value before the loans are repaid. You may decide to keep comprehensive insurance on your vehicle even after you’re not required to have it, allowing you to repair your car more easily after it’s damaged so you preserve its resale value.

Events Covered by a Comprehensive Policy

You should always carefully check any auto policy to make sure it fits your needs. Policies can vary among companies as well as locations. However, you should expect a comprehensive policy to cover damage from acts of nature, such as high winds or severe temperatures. Theft and vandalism should also be covered. This type of insurance can also kick in if you hit an animal and cause damage to your car. In some cases, the policy may also include windshield damage coverage, which pays to fix minor chips and cracks before they turn into major problems.

Understanding Deductibles

Your policy will have a deductible, which is the amount you need to pay before the insurance company takes over the cost of repairs. You can sometimes choose your preferred deductible to make sure your out-of-pocket costs for repairs will fit within your budget.

Steps for Filing a Claim

Once damage occurs to your car, you need to act quickly by contacting your insurance company. Normally, you’ll be asked for a few details about the event. You’ll then follow the recommended steps to complete your claim. For instance, you may need to take your car to an auto shop to get an estimate for the costs of repairing the damage. 

Drivers who are searching for reliable, affordable auto insurance should reach out to the experienced professionals at Altra Insurance Services. In addition to auto coverage, we offer a variety of insurance products, including motorcycle, business, and homeowners insurance. San Diego residents should call one of our friendly agents today at 619-474-6666 for a free quote.