When it comes to car insurance, there are a lot of options to choose from. One of the most important decisions you’ll make is whether to buy collision or comprehensive coverage. Both types of coverage are important, but they offer different benefits.
Here are the differences between collision and comprehensive coverage and help you decide which one is right for you:
What Is Collision Insurance?
Collision insurance is one of the most common types of car insurance. It covers damage to your car from collisions with other objects, such as other vehicles, trees, or guardrails. If you’re at fault for an accident, your collision coverage will pay for the repairs to your car. If you’re not at fault, your collision coverage will pay for the repairs to your car, minus your deductible.
What Is Comprehensive Insurance?
Comprehensive insurance is another common type of car insurance. It covers damage to your car from events that are not collisions, such as theft, vandalism, or weather damage. If you have comprehensive coverage and your car is stolen or damaged by a hurricane, your insurance will pay for the repairs. Like collision coverage, if you’re not at fault for an accident, your comprehensive coverage will pay for the repairs to your car, minus your deductible.
Should I Buy Collision or Comprehensive Coverage?
The answer to this question depends on a few factors. First, consider the value of your car. If your car is worth less, buying collision or comprehensive coverage may not make sense. The cost of the coverage will likely be more than the value of your car. Second, consider your driving habits. If you live in an area with a lot of traffic, or you’re a frequent driver in Cloquet, MN, you may want to consider collision coverage.
If you have an older car or you don’t drive often, comprehensive coverage may be a better option for you. Comprehensive coverage at Brittany Olson Insurance Agency LLC will protect your car from damage that isn’t caused by collisions.
Contact Us Today
So, what’s the verdict? Should you buy collision or comprehensive coverage? The answer is: it depends. Talk to us at Brittany Olson Insurance Agency LLC in Cloquet, MN to get expert advice on which coverage is right for you. We’ll help you make the best decision for your needs and budget.