Liability insurance, which covers the cost to repair damages caused by you, is usually your states minimum automotive insurance requirement; however, if you are still making payments on your vehicle, your financer may require you to purchase additional automotive insurance coverage until you own the vehicle.
There are many different kinds of additional automotive insurance, and collision automotive insurance and comprehensive automotive insurance are probably the most popular kinds of additional automotive insurance. But what is the difference between collision automotive insurance and comprehensive automotive insurance? Dont they both cover everything?
No. Collision automotive insurance and comprehensive automotive insurance are actually quite different.
Collision automotive insurance is automotive insurance that will cover the cost to repair damages to your vehicle that result in an accident caused by you. If repairs to your vehicle cost more than the value of your vehicle, the automotive insurance company may deem your vehicle a total loss, in which case you will be compensated for the current and actual cash value of the vehicle.
Collision...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
