Comprehensive auto insurance coverage is usually required for cars that are being leased or purchased through a bank loan. With comprehensive coverage, you are protected against almost any kind of damage that can happen to your car due to an accident. It also provides special coverage options like rental car services or roadside assistance. Different insurance companies have different policy features depending on the level of insurance you purchase. Comprehensive insurance costs more, but it will save you quite a bit of money if you ever need to file a claim.
Complete Protection for your Vehicle
If you own a car that is three years old or newer, a comprehensive policy will make it easier to keep your car in good condition. Most policies offer complete coverage of broken glass and other cosmetic problems that can result from daily driving. You will also enjoy engine protection and some discounts on regular maintenance through a comprehensive policy. Many insurance companies require that you perform specific maintenance on cars that are covered comprehensively so that the cars are always in top condition. These types of repair or maintenance can be extremely expensive on a new car that is not covered comprehensively.
Dealing with Natural Disasters
Not every comprehensive auto insurance policy provides coverage for natural disasters. You will need to make sure that you understand exactly what is covered when you sign up for a policy. If you are not covered for natural disasters, you could end up paying for damage due to falling tree limbs, hail, or flooding out of your own pocket. It is important to shop around and find a policy that will cover you if you live in an area that is prone to severe storms or other extreme weather patterns.
Belongings Inside the Vehicle
Most comprehensive plans do not provide coverage for belongings that are damaged while they are in the vehicle. Stereos, mp3 players, and other valuable cargo needs to be insured through a separate supplemental policy to be protected. Comprehensive coverage also does not extend to batteries and tires in most cases. Since these parts tend to wear down quickly, the insurance company does not consider them under a comprehensive insurance plan. Although these are general rules, there are always exceptions. You may be able to find an insurance company that will cover your belongings and your battery and tire, but you will most likely pay more for the privilege.