What types of losses are covered by collision and comprehensive?
Collision coverage pays for damage to your vehicle caused by your vehicle striking objects such as other cars, trees or telephone poles, or for the vehicle overturning, or for other moving objects hitting your vehicle. Comprehensive coverage pays for nearly every other kind of damage to your vehicle, such as fire, theft, flood, vandalism or contact with a bird or animal. Collision and comprehensive insurance will reimburse you only up to the actual cash of the vehicle, minus your deductible. The standard deductible for both types of physical damage coverage is $500. However, you may buy coverage with higher or lower deductibles. Lower deductibles result in higher premiums; higher deductibles reduce premiums. You may purchase other optional coverage such as additional PIP, towing and rental reimbursement. Be sure to ask us about the availability of these coverages.