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Auto insurance consists of both liability insurance and physical damage coverage. Collision coverage is part of the physical damage section of an insurance policy and is designed to either repair or replace your vehicle if you are involved in an accident up to the fair market value of the vehicle. Collision will pay for both damages caused in an at-fault accident and damages caused in a not at-fault accident if the other party did not have insurance. If the other party did have insurance and they were responsible for the damages, the other party's liability insurance would pay for your vehicle damages through Property Damage coverage. You are responsible to pay for your collision deductible for at-fault accidents before a claims payout will be made.

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โˆ™ 2011-01-13 20:17:01
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Q: What does auto collision insurance mean?
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Related questions

What insurance is needed in case of a car collision?

Collision coverage, also known as auto collision insurance, is the part of your auto insurance that most always pays for damages to your vehicle in the case of an accident.


What information do you need to get auto insurance?

Auto collision insurance weiver of deductable


What does comprehension mean in auto insurance?

It is other than collision insurance. It covers hail, stolen vehicle, hitting an animal, and vandalism.


Which insurance companies offer collision insurance?

The forthcoming insurance companies offer collision insurances: Insurance4CarHire, Auto Rental Collision Damage Waiver, Rental Cars and the Collision Damage Waiver, etc.


Does homeowners insurance cover your car when it rolls down a steep driveway into a tree?

No. Your homeowners Insurance Policy does not cover Auto Collision. You will need to file on your Auto Insurance under your Vehicle Comprehensive and Collision Coverage.


What is a type of auto insurance that covers damages to the car resulting from collision with another car or object?

It's called Collision coverage and is usually purchased along with Comprehensive coverage when you buy your auto insurance. If you purchased the collision coverage option when you bought your auto insurance policy it will be covered.AnswerThird party car insurance.


When is it appropriate to remove collision from your auto insurance policy?

I don't think you can legally. If your car is still being paid for the lien holder requires the collision insurance.


Can i ask my auto insurance to help me even i don't have collision?

yes


Is a car insurance policy cheaper if you don't add collision?

Yes, absolutely it is more expensive! Collision is the more expensive part of any auto insurance policy.


Chances of being involved in an auto collision once a year are?

Insurance companies state that the chances of being involved in an auto collision are 1 in 100. Every time you are in a vehicle there is a chance of being involved in a collision.


What does collision auto insurance mean?

Auto insurance consists of both liability insurance and physical damage coverage. Collision coverage is part of the physical damage section of an insurance policy and is designed to either repair or replace your vehicle if you are involved in an accident up to the fair market value of the vehicle. Collision will pay for both damages caused in an at-fault accident and damages caused in a not at-fault accident if the other party did not have insurance. If the other party did have insurance and they were responsible for the damages, the other party's liability insurance would pay for your vehicle damages through Property Damage coverage. You are responsible to pay for your collision deductible for at-fault accidents before a claims payout will be made.


What types of collision insurance claims were reported for auto damage in 1991?

All of them.


Does collision auto insurance cover auto defects?

Collision coverage covers a loss due to a collision, i.e. damage to your vehicle caused when your vehicle hit an object, or an object hit your vehicle. Defects and mechanical problems are not covered.


What kind of auto insurance does Erie Insurance offer?

Erie Insurance auto insurance plans include coverage for bodily injury liability, medical payments, property damage liability, collision, comprehensive, and uninsured/underinsured motorists.


Does auto insurance cover internal engine damage?

Only if it was caused by a collision or sabotage.


Do you need travel auto insurance in Mexico if you have collision on your us insurance?

Yes, many places by the border can sell you Mexican auto insurance, you can also call your agent and he should be able to sell it to you or refer you to someone you can.


Where's the closet collision insurance company in Houston Texas?

Houston Astro Collision and Auto Body Center offers the very best in customer care, Insurance Claims and superior Collision Repair technicians. They also have very good prices.


What does collision mean in economics?

The term collision in insurance covers the cost of damage to a car that is the fault of the insured. Collision insurance does not cover any damage caused from vandalism or theft.


Auto loan and no collision insurance?

Don't do it as you are likely breaking your contract and the auto will be repossesed or you will be charged for forced place coverage or both.


What does a standard insurance include?

"Standard auto insurance includes liability coverage, which covers damages and injury sustained in a car collision. Standard auto insurance does not cover your car's damages, but rather the car of the person you collide into."


Why does teen auto insurance cost more than other auto insurance?

Teens are new to the road so insurance companies believe that teens are more likely to be in a traffic accident/collision due to being unexperienced.


If you have caused an accident which type of automobile insurance would cover damage to your own car?

The collision portion of your Auto Insurance Policy would pay for damages to your own auto when you are the at fault party. The liability portion of your auto insurance pays for damages you cause to another party Insurance Plus


Will my auto insurance cover someone using my car who gets in a collision?

Usually, but restrictions do apply.


If you total your car after your insurance is canceled will GAP insurance still protect you?

NO,, GAP Insurance is supposed to pay the difference between what your Auto Policy paid and any remaining portion of your loss after the Auto Insurance Policy has paid it's maximum. If No Auto Insurance Policy is in Place providing comprehensive and collision coverage then your GAP Policy is Null and Void. GAP coverage only pays in conjunction with your Auto Insurance Policy. No Auto Insurance! No Gap Payment


Does your insurance cover such things as collision repair?

When you arrange for auto insurance, you have a number of options for the type of coverage you want. Collision repair is one of those options. If the vehicle is financed, collision and comprehensive coverage are required. If coverage exists, refer to the policy for details. www.insurance.com