What would you like to do?
You can remove collision and comprehensive coverage whenever you own the car free-and-clear. As long as there is a loan, the lender will insist that you keep full coverage.
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Comprehensive. You did not dive the car into anything
Answer about 6 million collisions.
Do you really need ununderinsured motorist coverage if your collision coverage covers the car damage and separate medical insurance covers injury treatment?
Underinsured motorist coverage protects YOU against the other driver not having enough coverage to handle your losses. Say they are at fault and carry 15/30/10 (the mini…mum in most states, but even 25/50/20 if you want) - that means any one person they injure is covered for 15K max...to a total of 30K for all injured people - so if you had 3 people in the car the max payout would be 30K - with no one getting more than 15K. Your medical damages are 35K - actually a fairly small amount considering todays costs. He is underinsured...you only get 15...pay the other 20. Your passengers, each of whom had say 25K of medical...they each look to you for the rest too (which because of the 30K max...which you used 15K of, is actually another 35K!). As to your car....he's responsible for at fault damages to property...so if he only carries 10K property damage...and your car is worth 15...start reaching for the checkbook. And if he pushed you into someones else's car, or living room...welll.... The weird thing is without underinsured coverage...presuming your carrying something like 100/300 - your insuring the worthless slug for much more than he is providing for you. Even stranger...if he had no insurance....you would be covered up to your maximums anyway. It is a very inexpensive add on so i can't see why it would be a place to skimp....just increase your deductible to really save something.
That is the part of your insurance that pays for damage to your vehicle, when you are at fault, if you are involved in an accident. This is coverage would need to be pur…chased in addition to your regular liability insurance.
Safety researchers state there are three collisions in a motor vehicle crash. This would be the vehicle striking an object as the first, the second would be the occupants hitt…ing the interior or exterior of the vehicle, and the third would be the internal organs of the occupants striking the internal structure of the body.
That would depend on how many vehicles are involved. If only two vehicles are involved, and they both stop after the crash, then there is one collision That's not what is mea…nt. There is ALWAYS more than one collision when a car crashes. There are THREE (3) collisions in every crash. The car itself hitting the other car; your body hitting the dash or other part of the car depending on where you're sitting; and finally the collision that is inside the body, your organs and bones hitting against the inside of your body.
The repair of damage caused to your car when you caused the accident
Unless I'm mistaken, all 50 states have laws requiring collision insurance on any age vehicle that you drive on a public roadway. It's the COMPREHENSIVE coverage that is… optional. You'll need to check with the State Department of Motor Vehicles where you live to find out the specifics of how much you are required to carry. And unless you own the vehicle frre-and-clear, the dealer or finance company where you purchased it will require you to carry both to protect their assets.
After you hit something or Typicaly after 10 years of service.
If you are in a no fault state and sustained body damage to your car but do not have collision coverage who pays for your cars damage if its also hit and run?
Physical Damage from a 'Hit and Run' is usually covered under the "Uninsured/Underinsured Motorists Coverage". However, there is usually a deductible of $200.00 to $250.00 R…eview your insurance policy....limits will be stated under 'Insured Coverages'. In this case, the fact that you are in a 'No Fault' state is moot since you apparently did not know who hit your vehicle in the first place. Also, do not be lulled into a false sense of security by the term 'No Fault'...........that is RARELY the case and is an out-dated term.
You should be executed for stupidity (just kidding). You have to pay all damages yourself.
Collision coverage covers accidents you are at fault for. Their insurance should pay for any damages to your vehicle.
Collision is a coverage that usually applies when you "collide" with another vehicle.
In Car Rentals
You'll need to read the policy and see. Sometimes you may have bought rental car coverage that will pay a set amount per day up to a maximum. Full coverage is a slang term use…d to describe a policy that offers comprehensive and collision coverage on a covered auto. Rental car and towing are usually additional coverages that you may or may not have. But even if you don't have that coverage, it may still pay in a collision claim. You need to read the policy to be sure.
This depends on three things 1st:What do you consider "Full Coverage" I consider this to be Fire Flood, Theft, Vandalisum, glass (Called Comprehensive where I live) …and Public Liability with Colision. I do not cover any car I have paid off for Colision or in other words I caused the crash. 2nd: What is the value of the car? 2 months wages, I would not bother with full coverage. If It will take you 5 years to pay off a replacement, then yes full coverage. 3rd: How much does it cost, $50 extra a year why not, $50 extra a month probably not unless the bank makes me.
In automobile insurance, collision coverage provides for repairing a vehicle when it is damaged due to the fault of the insured. Liability insurance provides for cost of repai…r of the OTHER vehicle if you damaged it.