Defining the Difference Between Auto Collision and Comprehensive Coverage

Automobile insurance typically includes three types of coverage for the car owner/driver — liability, collision, and comprehensive insurance. According to our insurance professionals at Vance Insurance Group LLC in Oklahoma City, OK, the liability portion of the insurance coverage is generally state-mandated – with each state responsible for establishing minimum standards.

The difference between collision and comprehensive coverage is important for anyone exploring insurance coverage options.  

Collision Coverage

This coverage reimburses losses and damages when your car hits another vehicle or object. While collision coverage is not usually mandated by law, it may be required if you lease or have borrowed money to buy the automobile.

Collision coverage is offered to the insured, independent of who was responsible for the crash. Collision coverage would likely cover these events –

• After losing control of the car, you swerve into a tree.
• You accidentally dent your bumper when backing up by hitting a cement pole.  

Comprehensive Coverage

Oklahoma City, OK drivers can protect themselves by buying comprehensive insurance coverage. This essentially covers everything except the damage related to a car crash. Examples include –

• The back window was left open during a torrential downpour.
• Nature – hailstones or a tree falls on your car.
• A fire.
• Vandalism.
• Hitting an animal may vary by policy, so ensure you do your research.

Both comprehensive and collision reimburse the insured for damages and losses related to the car and the insured/occupants. When comprehensive and collision coverage are included in an auto policy, it is known in the insurance trade as a ‘full-coverage’ automobile policy.

For additional information regarding the various car insurance options in and around Oklahoma City, OK, contact Vance Insurance Group LLC at 405-293-6475 or online.