Deductible May Apply
Alice Yao | Updated August 1st, 2020
Comprehensive coverage is the enhanced protection for your car and it will cover damages that are not result of a collision or rollover.
In our experience, the most common usage of comprehensive coverage is for a windshield repair or replacement. In addition to covering glass damage on your car, comprehensive coverage also covers for:
- Hitting an animal
- Falling/flying objects
- Other natural disasters such as flood, lightning, hail etc.
Required coverage by auto lenders
Similar to collision coverage, if you leased or financed your vehicle, your lender will likely require you to carry comprehensive auto policy. This coverage requirement will ensure that the car is protected during the term of the lease or loan.
Selecting the right deductible for you
When you are first adding comprehensive coverage to your car insurance policy, you will be asked to select a deductible for this coverage. Deductible is the amount you pay when you need to use your insurance coverage in a claim.
It is important to select a deductible that is comfortable with your financial situation as this will be your out-of-pocket expense at the time of a claim.
Keep in mind that when it comes to windshield claims, some insurance companies offer a $0 deductible for a rock-chip repair and only apply deductible when you need to file for a replacement. Other companies enforce the same deductible for all comprehensive claims.
More information: Does My Insurance Cover Windshield Replacement?
Every insurance company has its own guidelines for policies. Be sure to check with your insurance agent to see if you carry comprehensive coverage on your policy, so the next time when you notice a crack in your windshield, you will know exactly what to do.
By Alice Yao |