Comprehensive insurance. Does that mean it’s inclusive of everything? By definition “comprehensive” means much, inclusive, large in scope. Hence, anyone familiar with the English language would be inclined to think that comprehensive insurance is all they need.
Unfortunately, comprehensive insurance is actually not comprehensive at all. Instead, comprehensive insurance is only a small part, usually the least expensive part, of what’s referred to as “Full Coverage.”
Would you like to know if you’re getting a fair price on your car insurance? it’s easy to do. Just click the button below and use our car insurance estimator.
What is comprehensive car insurance?
Comprehensive insurance covers your car in the event something happens that does not involve an accident. Examples include: hail storm, flood, civil disobedience (riots), vandalism, fires, a tree or tree branch falling on the vehicle and other such hazards. Typically, comprehensive insurance does not include coverage for costs related to an accident, towing, rental cars or personal property.
If you own your vehicle, comprehensive insurance is optional. However, if you have a loan or lease, the lender is likely to require you to have comprehensive insurance.
What will comprehensive car insurance cost me?
The ValChoice car insurance calculator makes understanding the cost of insurance easy. To estimate your cost for comprehensive insurance, go to the car insurance estimator and enter your information. On the screen titled “Insurance Coverage” shown below, you can see both the cost of comprehensive insurance and the options for controlling the cost of this type of car insurance.
The cost of comprehensive insurance is based on the vehicle you drive. Surprisingly, this is the only type of car insurance where the cost is directly related to the vehicle. The calculator shows the cost estimate of comprehensive car insurance in the red box near the top of the image above.
How can I save money on comprehensive insurance?
There are three ways in which you can save money on comprehensive insurance:
- Own the car, no loan or lease. In this case you can drop comprehensive insurance
- Drive a car that costs less to repair. This is not saying the car is worth less. Simply that repair costs are low. Typically, this means an older car without all the sensors embedded in windows and bumpers
- Also, change your deductible amount. The calculator above shows a few options for changing the deductible
Watch This Video on Comprehensive Car Insurance
Do you prefer videos over reading? If so watch this video on comprehensive car insurance.
How good is your insurance company?
Few people know how well their insurance company performs when it comes to paying claims. That’s because until recently, the information wasn’t available. However, now you can find out. Just click the button below for auto or home insurance and you can get a ValChoice rating on any auto or home insurance company, in any state.
Want to deal with only the best insurance companies?
Many insurance companies spend billions advertising what a great price they offer. That may or may not be true. What is definitely true is no matter how little you pay, it was a waste of money if the company won’t pay a claim.
ValChoice rates every car and home insurance company in the industry on how well they pay claims. Click the buttons below to find the five best insurance companies in your state.
ValChoice does not get paid to rate insurance companies. We do this as a service to consumers. Our mission is to make sure no consumer ever experience what I experienced. A large claim that all insurance companies involved refused to pay.