Car insurance policies are confusing for many. While we are required to purchase a certain amount of coverage in the state of New York, we often receive assistance from an insurance agent who supplies us with the necessary information we need and then puts together a policy for us. But what does it all mean? What is collision vs. comprehensive car insurance? How are you being protected in the event you engage in an accident? After all isn’t that the entire reason we purchase an insurance policy in the first place?
 Comprehensive vs. Collison: What’s the Difference?
Because there is so much included in one single policy, it would take a significant amount of time to cover each aspect. So, below is just one to help get you down the path to having a better grip on the coverage you have or the coverage you are about to purchase. Today we are focusing on collision vs. comprehensive coverage and hopefully you will feel more confident the next time you speak with an insurance agent who is asking what you are looking for when purchasing a policy.
According to Value Penguin, collision insurance is solely added to a policy so that in the event you get into an accident, the damages your car endures will be covered and hopefully repaired. Our vehicles serve as our modes of transportation usually to and from and work and if they are out of commission, it could dramatically affect your finances if you can’t make it into work. Some of the types of damages that are included in collision coverage include:

  • Another vehicle crashing into your car
  • Your vehicle colliding with another automobile
  • You crash into a stationary object such as a streetlight pole

You need the proper protection in place to ensure your vehicle is repaired or even replaced after engaging in an accident and this type of coverage is just for that.
A New York, NY accident lawyer can help you better understand your insurance coverage in the event your vehicle becomes damaged by an object or another driver.
What is Comprehensive Coverage?
This type of coverage is usually purchased to protect your vehicle if it becomes damaged from anything other than an accident. Some examples of what would suffice as a reason to file a claim under your comprehensive coverage includes:

  • Fire, civil commotions, explosions
  • Falling objects
  • Natural disasters
  • Vandalism and theft
  • Broken or shattered windshield
  • Damage caused by an impact with an animal

You Have the Coverage Down, Now How Do You Determine the Limits?
Although we don’t want to think about a hypothetical situation where we are involved in an auto accident, it is important to do so when selecting how high or low you want your limits to be for both comprehensive and collision coverage.
While you may have a better understanding on the two now, it is equally important to have a reliable reference to turn to in the event you happen to become injured in an accident. The New York, NY accident attorneys at Antin, Ehrlich, & Epstein, LLP work with victims of a daily basis and will help you better understand what your policy entitles you to and how much you can expect to receive from the other driver involved.

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