What Does Comprehensive Insurance Cover?

What Is comprehensive insurance and what doe it cover is the topic of this article. Comprehensive insurance coverage is also known as “Other Than collision Coverage”

Comprehensive or “Other-than-collision coverage”  covers the following:

•    Fire
•    Theft
•    Riot
•    Hail, water, or flooding
•    Explosion (including earthquake)
•    Vandalism
•    Windstorm
•    Damage resulting from a bird or another type of animal
•    Breakage of glass – Please note, if broken glass is a result of a collision, be sure to claim it that way to avoid paying two deductibles
•    Missiles or falling objects – not missiles in the military sense, those are specifically excluded under “acts of war.”

In most cases, you cannot obtain a vehicle without physical damage coverage if you are borrowing the money to buy a car (lease or loan). The company that lent you the money for the car is listed on your policy as a Loss Payee, meaning if the car is damaged beyond repair, your insurance company will pay the lender the remaining balance of the loan on the vehicle so you are not responsible for it.

Even if your car is paid off, it’s a good idea to get both collision and comprehensive insurance coverage if you want to be certain your car is repaired in the event it is damaged, assuming you can afford it.

Towing and Labor Costs coverage, if not already included in your physical damage coverage, can be purchased for your personal auto policy.  This coverage would apply to your covered auto or a non-owned auto you may be driving.  Typically, you purchase this coverage for a predetermined amount per occurrence, somewhere between $25.00 and $75.00.  You may also purchase coverage for aftermarket stereo equipment, which isn’t normally covered, for an additional fee.

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