When it comes to comprehensive coverage (auto insurance), you should know that this is a type of insurance that will have you protected from the damage that your car will suffer from in different situations.
This is something that many people are familiar with by the name of OTC or other than collision coverage.
But this is something that may be a little confusing for many people, so that is why we will take a closer look at it in the following minutes, to clear any doubts and misunderstandings.
There are 2 types of auto insurance that people can benefit from and they are physical damage coverage and liability coverage.
The latter is well known in most of the countries around the world and it will provide the insured with coverage in the case of physical injury or even death, for which the insured is responsible for.
When it comes to the physical damage coverage, it will only have the repairs of your car covered (excluding the deductible) in certain events that will be clearly mentioned in the policy.
Also, the physical damage coverage can be broken down in 2 types of coverage: comprehensive and collision.
These 2 are very much different from one another.
The collision coverage (auto insurance) will have your car covered up when your car will suffer physical damage in an accident.
SO this means that when you will accidentally hit a tree or anything close to that or when you will roll and hit another object, you will have the repairs covered by the policy.
But when you will hit an animal, you should know that this is not something that will be covered by your collision policy.
It is included in the comprehensive policy.
This policy will have any damage covered up, which cannot be found in the collision policy's terms and conditions.
There are thus a lot of people who are making the mistake of believing that when they will sign up for a comprehensive coverage, they will be practically protected from any type of damage.
But this is just something that is a big misunderstanding.
This coverage doesn't pay for all types of damage, but only for those that are a result of a non-collision event.
So if you don't have collision coverage, then you will have to deal with the expenses from your own money.
You should also know that comprehensive policy doesn't cover you for the damages cause by the road.
Let us take a look now at what comprehensive coverage will have you covered for if you decide to sign up for it: theft, flooding, water hail, riot, fire, glass breakage, wind, damage from animals, vandalism, falling objects or missiles (not the military term, but more like propelled or flying objects).
When it comes to the cost of comprehensive coverage, there are a lot of factors that will influence it.
Those are the value of your car, your age, the places you are driving your car, your driving experience, and also the estimated annual mileage.
If you want to find the best prices that you can get for such type of insurance, make sure to look for quotes online.