Blog Layout

What Is a Comprehensive Coverage Policy?

admin • December 1, 2022

What is a comprehensive coverage policy? Comprehensive coverage is just one of the many different types of protection you can obtain on your insurance policy. It will cover repair expenses if your vehicle is damaged as a result of an accident. Comprehensive coverage covers damage to your vehicle resulting from hail, vandalism, theft, etc.

The Importance of Comprehensive Coverage

Comprehensive coverage insurance is important for many reasons. There are many reasons you should consider purchasing this particular coverage. First, it can be used no matter who causes an accident. It also helps to cover your repair expenses over your deductible. This means you will not be responsible for coming up with the entire bill amount on your own. Comprehensive coverage is also important to have because, believe it or not, many lien holders will require you to have it.

What Does Comprehensive Coverage Cover?

Comprehensive coverage will cover any damage to your vehicle that was not the result of a collision with another vehicle. Comprehensive coverage is also known as “other than collision” coverage. This simply means that comprehensive coverage will cover you in the event your vehicle is damaged as a result of:

  • Glass breakage
  • Theft
  • Storms
  • Hitting an object or animal
  • Fire

How Is Comprehensive Coverage Different Than Collision?

Both comprehensive and collision coverage can be used to cover damage caused to your vehicle due to an accident. Both coverage options include a deductible, but you will still be liable for covering any expenses before the policy starts. These coverage options also have differences among them. Here are a few examples of when comprehensive coverage applies:

  • Your car becomes damaged in a storm
  • Someone steals your car
  • You hit a deer with your car

Here are some examples of when collision coverage applies:

  • Another car hits your vehicle
  • You swerve to miss hitting a dog but instead hit a person’s fence
  • You have a single-car loss that causes damage to your car

How Does a Comprehensive Deductible Work?

The amount that you agreed to pay prior to the insurance company paying for any damages is known as your comprehensive deductible. This is pretty much the same as the amount of financial risk you are willing to deal with if you are involved in an accident. The higher the deductible is, the lower your insurance premiums will be. The lower your deductible, the higher you will pay for your insurance premiums. For instance, if your vehicle sustains $1,000 in damage from a hailstorm and your deductible is $100, you will be responsible for paying the $100, and your insurance company will cover the difference.

If you are in the market for comprehensive insurance, contact the agents at Harvey Sarles. They have over 30 years of experience and are ready to help you with any of your auto-insurance-related needs!

How Does Speeding Affect Car Insurance?

By admin • March 24, 2023
How Does Speeding Affect Car Insurance? Speeding tickets are one of the most common types of traffic violations. Whether or not your premiums go up after getting a speeding ticket depends on the company, your driving record and the violation. Regardless, having a good driving record is a great way to keep your car insurance […]

Top Reasons Why People Buy Life Insurance

By admin • March 24, 2023
Top Reasons Why People Buy Life Insurance Most consumers want to ensure their family members are taken care of financially when they die. And life insurance is one way to help them do that. Final Expenses Many people buy life insurance because they want to help their family members pay final expenses after their death. […]

RV Travel Safety Tips

By admin • February 21, 2023
With RV travel season in full swing, it’s important to be aware of some key safety tips. Danger never takes a vacation, so stay safe while on the road and enjoy your family’s trip courtesy of Harvey Sarles Insurance Agency.  1. Wear Your Seatbelts The National Highway Traffic Safety Administration (NHTSA) has a great list […]

How To Keep Your Family Safe From Carbon Monoxide Poisoning

By admin • February 17, 2023
If you’re a homeowner, it’s important to understand how to keep your family safe from carbon monoxide poisoning. After all, it’s a dangerous gas that can incapacitate people within minutes at high levels. Get Carbon Monoxide Detectors! One of the best ways to keep your family safe from carbon monoxide poisoning is by installing a […]

Key Things to Know About Property Taxes

By admin • January 15, 2023
You will need to familiarize yourself with property taxes and how they work if you own a home. Here is some helpful information about such taxes so you will be well-educated.  A Tax Assessor Calculates Your Property Taxes If you were wondering who the person is who calculates property taxes, the answer is the tax […]

Fireplace Safety Tips

By admin • January 1, 2023
A fireplace is a lovely and convenient addition to any home, and you are fortunate to have one. However, you must always stay aware of the most essential fireplace safety tips for homeowners. Here is a list of some smart practices you can use to ensure that you and your family remain safe when using […]

What is a Medical Payments Coverage Policy?

By admin • December 15, 2022
As if putting your life and limb at risk isn’t enough, a car accident can also cause big financial problems with property damage and medical expenses. That’s why motorists are advised to have medical payments coverage policies on their insurance.  What is Medical Payments Coverage? Medical payments coverage takes care of any expense that might […]

Life Insurance: An Overview

By admin • November 23, 2022
Life insurance is an insurance policy that pays out to a policyholder’s named beneficiaries when the policyholder passes away. The policyholder makes monthly payments (or one lump payment) on the policy, with the cost based on the size and scope of the policy. This type of insurance appears complex at first, so you may be asking yourself: What […]

Who Needs an Umbrella Policy?

By admin • November 9, 2022
An umbrella is something you need to keep within your reach at all times in case it rains. An umbrella insurance policy is similar to that in nature. Here’s some information about who needs an umbrella insurance policy and why it might be an excellent idea for you to secure one. What Are Umbrella Insurance […]

10 of the Best Fuel Efficient Cars of 2022

By admin • October 24, 2022
Selecting the most fuel-efficient vehicle is the way to go to lower your carbon footprint and save the highest amount of money. The following are some vehicles that made it on lists as the best fuel efficient cars 2022 had to offer. 2022 Hyundai Elantra Hybrid The Hyundai Elantra Hybrid has a punchy 139-hp motor […]
More Posts
Share by: