AUTO INSURANCE Comprehensive: A Grab Bag of Coverages
A combination of liability, collision, medical payments and uninsured/underinsured
motorist insurance would seem to take care of all conceivable risks. Yet none of that
insurance would necessarily cover losses to your vehicle from these hazards: theft of the
car or some of its contents, collision with an animal, glass breakage, falling objects,
fire, explosion, earthquake, windstorm, hail, water, flood, malicious mischief, vandalism
or riots.
Comprehensive insurance, which is optional, will cover those losses, usually up to the
car's cash value and sometimes subject to a deductible.
In some areas, if you keep your car in a garage or off-street parking area or if the
car has a good antitheft device -- for instance, one that prevents the car from being
started -- you can get a reduction in your comprehensive-coverage premium.
Comprehensive coverage also entitles you to some compensation for renting a car if
yours is stolen. Check your policy to see how much the policy would pay per day and for
how long; different companies pay different amounts, subject to state requirements.
IN THIS TUTORIAL
Comprehensive: A Grab Bag of Coverages
