If you have a car, you need insurance for it. These days, there is no way to get around this. If ever a police officer should pull you over as you drive, he/she will ask for your license, registration, and proof of insurance. Having none could lead to a variety of headaches and fees for you, depending on where you live. If you are buying a car for the first time, it’s good to have a reputable insurance agent guide you to the right policy to suit your needs. You may ponder, too, if you need comprehensive auto insurance.
What is Comprehensive Auto Insurance?
As the name implies, this type of insurance policy is designed to pay out in the event of any of a variety of damages to your vehicle. Simply put, comprehensive automobile insurance protects your car from fire, theft, weather damage, and “act of God” events. Say a tree falls on your car while it’s parked somewhere – a comprehensive policy will cover this.
It’s important to note, however, that this policy will not cover damages resulting from an accident. For this, you will need a collision policy that assists in the event of an accident caused by you or something or somebody else.
How Much is Comprehensive Insurance For Your Car?
The cost of policies will vary depending on where you live, and also depends on what you are willing to pay out of pocket for expenses not covered by a policy. Should something happen to your car – like broken windows following a robbery, or a damaged frame after a bad storm – the payout will take care of repairs until the deductible is exhausted. If you want to pay a low premium to stay within your budget, your deductible will likely be low as well.
Do You Really Need a Comprehensive Policy?
Again, this depends on where you live. Most states require a certain level of insurance be carried by a driver, and as collision insurance is best to have in the event of an accident, drivers may be more inclined to invest in that policy. You may consider a comprehensive policy if you live in an area prone to bad weather and/or crime, or if your car is too important an asset to leave uninsured in that manner.
Comprehensive automobile policies are designed to protect your vehicle when damage doesn’t happen from an accident. If you feel your car is worth the added insurance, contact your agent for more information.