3 Reasons You Might Need Comprehensive Car Insurance
Even for experienced drivers, shopping for car insurance can be an intimidating process. Having reputable liability insurance isn’t merely an investment in the event of a total loss of your vehicle or traffic related injury. In the United States, auto insurance is a mandatory prerequisite before even heading out on the road. That being said, with so many different insurance companies and forms of insurance, what types of coverage do you really need? Is comprehensive car insurance as important as collision insurance? The answers are different for every driver. Here, however, we will look at three important reasons why you might need comprehensive car insurance, and some scenarios in which it could come in handy.
1. If Someone Steals Your Car
First off, there are a few things about comprehensive car insurance to keep in mind. Unlike collision coverage, it’s not mandatory that drivers have a comprehensive policy as part of their car insurance plan. Simply put, it’s a add-on policy that’s meant to financially protect you in the event of non-collision incidents. That basic fact is the second most important aspect of a comprehensive car insurance plan—it provides coverage for almost anything that can happen to your vehicle that’s not related to a car accident with another driver or similar type of collision. Which brings us to a perfect scenario that you may want to keep in mind: auto theft.
If someone steals your car, comprehensive insurance will cover the theft. Depending upon the car insurance policy you’ve selected (as well as your insurance provider), you may end up with a payout that presents you with the actual cash value of your car. Unfortunately, auto theft is quite common and may even be more common than a collision. With that in mind, a comprehensive insurance plan can be incredibly beneficial to anyone who values their vehicle.
2. If Someone Tries to Steal Your Car
You read that right. A solid comprehensive insurance policy will not only protect your financial interests if a thief makes off with your car. If you happen to walk out to a parking lot and someone has unsuccessfully attempted to steal the car and damaged it in the process, you’re still covered by your insurance policy. Most importantly, attempted auto theft isn’t the only element covered with your comprehensive insurance plan. Almost all comprehensive policies cover various forms of vandalism as well. If someone “keyed” the side of your car, slashed your tires, or broke your window, you’re covered by your insurance policy. All the aggravation that comes with finding yourself the victim of acts of vandalism can be quickly replaced by the peace of mind knowing that your repair costs are covered.
3. Flying Rocks and Other Road Hazards
Since comprehensive insurance covers almost every form of non-collision scenarios that could damage your vehicle, let’s look at one plausible (and sadly common) possibility. If a driver is minding their own business and driving carefully along the highway, another car or truck’s wheels may accidentally shoot a small rock or other piece of debris into the air, hitting the driver’s windshield. In most cases, those little spider-web cracks can quickly expand, necessitating an entirely new windshield. With a comprehensive insurance policy, that driver is covered for the physical damage to the car.
To put it simply, coupling a comprehensive insurance plan with your state-mandated collision coverage is a pretty great idea at all times. Aside from these basic examples, comprehensive auto insurance also protects you in the event of fire and flood damage, and natural disasters. Even if a nearby building is on fire and your car becomes damaged, you’re covered. While some of these scenarios may seem incredibly rare and out of the ordinary, keep something important in mind: the sheer variety of situations that is covered by a comprehensive policy adds up to more possibilities than an actual collision. With that mind mind, comprehensive coverage pays out for every driver in the long run.