These two types of physical damage coverage are often required on your Scottsdale AZ auto insurance policy. If you have a loan or lease your vehicle then your lender will require you to maintain these coverages on your vehicle for the duration of the loan. If you own your vehicle outright (no lien) then these coverages become optional to you. Both coverages are very important to know when purchasing your car insurance policy so we will now go into the details of what they cover and how they are different.
Comprehensive coverage covers many types of losses to your vehicle including; theft, fire, hail, glass, colliding with an animal, wind, flood and vandalism to name a few. If damage is done to your vehicle outside of a collision (not including animals) then comprehensive coverage is how your vehicle will be fixed or replaced. This coverage is usually reasonably priced and you have many options for your deductible. In the state of Arizona, you can even have a $0 deductible for any of these losses or full glass coverage ($0 deductible for any glass claims). Your insurance company will cover losses over your deductible anywhere from $1-replacing your entire vehicle in case of the total loss (theft). Be sure to talk with your local Scottsdale insurance broker/agent to discuss the price difference and options that you have to best fit your needs.
Collision coverage is one of the most important coverage to protect your vehicle against physical damage. Scottsdale Collision coverage may only be purchased if combined with liability and comprehensive coverage. But without this coverage, your vehicle is not covered by your insurance company for a collision that you may have out on the road. Not only will this cover you from a collision with another vehicle but also a tree, pole, guard rail and building just to name a few. In many of these cases the cost of repair or replacement is extremely expenses. You always want to ask yourself if your car was totaled tomorrow could you afford to purchase a like vehicle without any help from you insurance company. For most of us, the answer is no. In this case you need to seriously consider adding or keeping your comprehensive or collision coverage on your auto insurance policy. There are many deductible options for you to consider before purchasing this coverage If you would like to talk to a local insurance professional, give us a call!