When you buy a new car, you want to focus on the cool stuff: the features, gas mileage, and the look. You’re bored by the concept of insurance. You want to get that process over with. We get it! You want to be cautious with your money but you don’t want to think about the daunting idea of getting into an accident. We get that too! Unfortunately, since car insurance is required in almost every state (you’re off the hook, New Hampshire!), it’s something you need to explore.

In a post from last fall, Auto Insurance Basics, we introduced new car owners to the world of insurance and briefly touched upon two of the main types of car insurance, collision and comprehensive car insurance. What we didn’t touch upon, however, is how crucial it is for drivers to have protection on all fronts. I’m sure you’ve heard the expression, Hope for the best. Prepare for the worst.

Most people who lease or finance their car are required to have both collision and comprehensive car insurance, as lenders and lessees want to ensure that their vehicles are protected. However, many car owners only have collision insurance on their vehicles; to them, damage that is covered by comprehensive insurance is too rare to worry about.

Accidents happen. Sometimes they’re in our control, but other times, they’re unavoidable. When it comes to insurance, it’s always best to prepare for the worst. Having protection with both collision car insurance and comprehensive car insurance could save you thousands.


What is Collision Car Insurance?

Collision car insurance is the protection a driver receives when involved in an accident with another vehicle or a stationary object, like a guardrail or a telephone pole. It also covers your costs if someone hits your car while it’s parked. Collision insurance pays for the repair of the vehicle, minus the cost of your deductible.


How about Comprehensive Car Insurance?

If your vehicle is damaged in an instance other than a collision, your costs will go down with comprehensive car insurance. Like collision car insurance, comprehensive car insurance will cover the costs of a vehicle repair or replacement, excluding the cost of your deductible. Incidents in which comprehensive car insurance will help you include damage due to weather, vandalism, theft, or fire, among many others. Accidents or damages caused by animals are also covered by comprehensive car insurance.


Not Convinced Yet?

Comprehensive coverage is often considered the red-headed stepchild of the insurance world. Many drivers only purchase collision insurance. “What are the odds that will happen to me?” are often words thought or uttered about weather- or crime-related damage. Unfortunately, this thought process has caused thousands of individuals to pay insane out-of-pocket costs.

According to a study performed by the National Highway Safety Administration, growing deer populations have increased the amount of deer-related car accidents. According to the study, there are 1.5 million deer-related vehicle accidents annually. While these instances are most common between October and December and most deer-related crashes have been reported in the Midwest, these accidents occur nationwide and year-round. With that said, if you were to hit a deer without comprehensive insurance, you’d have to pay out-of-pocket for a new windshield, headlight, hood, fender… the list goes on.


Whether you live in earthquake-prone California, a city with heavy crime, or even a location in which natural disasters and carjacking are practically unheard of, you’re at risk of having your car damaged by influences outside your control. Rather than waiting for an incident to happen, acting sooner rather than later could save you thousands.