Collision insurance covers damage to your car if you hit another vehicle or object, regardless of who is at fault. This type of insurance is often required if you are financing or leasing a car, but it is not required by law.
Collision insurance typically covers the following types of damage:
Damage to your car's body, frame, or engine
Damage to your car's interior
Mechanical damage to your car
Damage to other vehicles or objects that you hit
Collision insurance does not typically cover the following types of damage:
Damage caused by wear and tear
Damage caused by rust or corrosion
Damage caused by weather events, such as hail, flooding, or earthquakes
It's important to note that collision insurance is not the same as comprehensive insurance, which covers damage to your car caused by events other than collisions, such as theft, fire, or vandalism. If you want to be fully covered for all potential types of damage, you should consider purchasing both collision insurance and comprehensive insurance.
