Comprehensive and Collision or Full Coverage

by Cole Humphreys in Auto Insurance at August 5, 2015

Full coverage insurance in Grand Prairie is just a phone call away. However, I would argue the “full coverage” is a very mis-leading term. There are coverages that not all companies offer that could be considered “full”. One coverage that is more common but not on all companies list is gap coverage. The one coverage mentioned already debunks the term full coverage.

I have come to learn that with a quick clarification that most people are referring to the physical damage coverage of their vehicle when they say the term “full coverage”. I would never want to talk someone out of coverage unless it suited them, however, differentiating what is said and what is meant can alleviate mass confusion when discussing insurance coverage. When concerned with physical damage coverage on your auto, comprehensive and collision coverage are the items that deal directly with the vehicle itself. Collision provides coverage for vehicles involved in a collision. The coverage is subject to a deductible, It is designed to provide repair to the damaged vehicle or payment if the vehicle is not repairable. In Texas, collision is an optional coverage. However, if you are financing the vehicle through a bank or other entity, it is common to require collision coverage as part of the terms of the loan.

As a part of the collision coverage, comprehensive is offered as well. It is a different coverage because the likelihood of a collision and another loss is calculated differently. Comprehensive is also known as “other than collision” and is also subject to a deductible. Fire, theft, vandalism, weather or impacts of animals are all types of losses.

 

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