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Learn the difference between common car insurance coverage types and how they work. ... You carry collision coverage on your vehicle with a $500 deductible. Since the deductible is your ...
Minimum coverage liability insurance does not involve a deductible, but if you have full coverage auto insurance, then there will be a deductible on both your collision and comprehensive coverage ...
Depending on the coverage you have on your vehicle, you might be able to file an insurance claim if you damage your car. Collision coverage is typically used when you are at fault in an accident ...
Collision coverage is optional, however if you plan on financing a car or taking a car loan, the lender will usually insist you carry collision for the finance term or until the car is paid off. Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) is the term used by rental car companies for collision coverage.
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
Collision coverage (COLL): Collision insurance covers vehicle damage for at-fault accidents with other vehicles or stationary objects, such as a tree or light pole, rollover accidents and even ...
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