If you own a car, you’re legally required to have insurance. But what kind of insurance should you get? The options can be confusing, and it’s hard to know what coverage you need. Do you need comprehensive coverage or collision coverage? In this blog post, we’ll explore the answer to that question.
First, we’ll examine what each type of coverage entails. Then, we’ll consider some factors that will help you decide which coverage is right for you. By the end of this post, you’ll know exactly whether you should get comprehensive or collision coverage. Let’s dive in.
The first thing to understand is what each type of coverage covers. Comprehensive insurance covers damage to your car that is not caused by an accident. This can include damage from weather events, fire, theft, or vandalism. Collision insurance, just as it sounds, covers damage to your car caused by an accident. This includes damage from hitting another vehicle or hitting a stationary object.
So which type of coverage should you get? The answer depends on a few factors. One factor is the value of your car. If you have a newer car or a car worth a lot of money, you’ll want both collision and comprehensive coverage.
Another factor to consider is whether you are still paying off your car. If you are, you’ll likely be required by your lender to have both collision and comprehensive coverage. This is because the lender wants to ensure their investment is protected in case of an accident.
But ultimately, if you can afford it, we recommend getting both collision and comprehensive coverage. This way, you’ll be protected against any damage to your car, whether from an accident or not.
Get Auto Insurance in Virginia Beach, VA
Now you know whether you should get comprehensive or collision coverage. If you’re unsure or have any other questions about car insurance, our Insurance Shopper VA team is here to help. Give us a call today, and we’ll be happy to answer all your questions.