Comprehensive Insurance Coverage for Pennsylvania Car Insurance
Comprehensive insurance coverage pays for damage to your car that does not come from an automobile accident. This will protect your car against the automotive version of Murphy’s Law, “whatever can go wrong, will go wrong.” This includes acts of nature and other calamities such as:
ü Hurricanes, earthquakes, tornadoes.
ü Theft and vandalism.
ü Falling objects.
ü Collisions with animals, such as hitting a deer.
ü Breakage of glass, this includes replacement of your windshield.
ü Hail, water, or flood.
The actual events that are covered can vary from carrier to carrier, so you need to check with you insurance agent to find out the specific coverage for your policy.
Why do I need it?
Like collision insurance, comprehensive insurance coverage is optional, not mandatory. The exception may be if your car is new, still financed, or leased. In those cases, the lender or leasing company may require that you carry comprehensive insurance coverage. Even if it is not mandatory in most cases, the need for it is obvious. Without comprehensive insurance coverage, any and all damage done to you vehicle, from a ding in the windshield to complete loss from a falling tree, is completely your financial burden. This could end up being thousands of dollars out of your pocket. Having comprehensive coverage relieves you of that worry and unplanned expense.
Like collision insurance, comprehensive coverage includes a deductible. The higher your deductible is, the lower your premium will be. The premium is the amount that you pay for the coverage. Your deductible can range from $0 to $5000 or more. A higher deductible will cost you less in premiums, making it a very appealing option. However, in the event of an accident, that high deductible can put a substantial dent in your pocketbook. The deductible must always be paid first, before the comprehensive insurance coverage will kick in to pay the balance.
Drivers that live in rural areas where deer, cows, and other animals may cross the road should be especially vigilant about carrying comprehensive insurance coverage. The Insurance Information Institute has stated that deer are responsible for 1.6 million automobile accidents per year. These accidents cause 200 fatalities and approximately $3.6 billion in vehicle damage.
Comprehensive insurance coverage will not cover damage done to an automobile due to improper maintenance of the vehicle. Policy rates will also vary depending on the age and experience of the driver.
As with collision coverage, the type of comprehensive insurance coverage you purchase should take into account how high a deductible you can afford, and the age of your vehicle. In the event your car is a total loss, your comprehensive policy will pay you the current “Blue Book” value of the car, not what it will cost you to replace it. If your car is worth less than $4000, it may be cheaper to purchase a new car, than to pay the cost of the comprehensive insurance premiums and your deductible, in the event of an accident.