{"id":425,"date":"2019-10-29T18:51:57","date_gmt":"2019-10-29T18:51:57","guid":{"rendered":"http:\/\/www.insurance-education-group.com\/insuranceeducationgroup\/?page_id=425"},"modified":"2020-03-04T10:41:15","modified_gmt":"2020-03-04T16:41:15","slug":"comprehensive-insurance-coverage","status":"publish","type":"page","link":"https:\/\/www.insurance-education-group.com\/comprehensive-insurance-coverage\/","title":{"rendered":"Auto Comprehensive Coverage"},"content":{"rendered":"
There is no exhaustive list for what is and isn’t covered with comprehensive coverage. The following are a few examples of perils that qualify for comprehensive insurance coverage. This is not an extensive list, but rather a few examples of what comprehensive insurance will cover.[\/vc_column_text][vc_column_text]\n
Why would anyone choose a high deductible if it means she has to pay more before her insurance company will repair the remaining damage? The higher the deductible, typically the less expensive the auto insurance policy. Many drivers like to consider the costs and benefits of raising and lowering the deductible before making the decision of what is the right deductible amount for an owner’s desired level of risk.[\/vc_column_text][vc_custom_heading text=”Another Comprehensive Coverage Example” font_container=”tag:h3|text_align:left|color:%231a4b9a|line_height:1.1″ use_theme_fonts=”yes”][vc_column_text]Suppose you leave your car outside in a terrible wind storm. You have Other Than Collision (Comprehensive) coverage with a $500 deductible. A tree falls over and hits your car. After the storm you take your car into the shop and the assessed cost to repair the damage is $4,000. How much will your insurance pay? Answer: $3,500, which is the difference between your deductible and the amount of damage done to the vehicle.[\/vc_column_text][vc_custom_heading text=”Comprehensive Insurance doesn’t come with a coverage ceiling” font_container=”tag:h2|text_align:left|color:%231a4b9a|line_height:1.1″ use_theme_fonts=”yes”][vc_column_text]Unlike auto liability insurance<\/a>, there is no maximum amount of insurance that applies to your comprehensive coverage. Your insurance company will pay you the lesser of the amount that it costs to a) repair your vehicle or b) replace your vehicle. Whether you have a Dodge Neon or a Lamborghini Diablo, if your car gets stolen or damaged, your insurance will pay to either repair or replace the vehicle![\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]\n\t\t\t <\/p>\n\t\t\t\n