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Like collision, comprehensive carries a deductible. However, in some states, policyholders have the option to have a separate glass deductible for windshield replacement. Glass deductibles may be ...
Deductibles only apply to optional comprehensive and collision coverage. With state-mandated liability coverage, your insurer only covers damage to others, so no deductible applies.
Your deductible: Both collision and comprehensive coverage have a deductible, which is the amount you’ll pay out of pocket if you file a claim for those coverage types. A higher deductible will ...
If you have a $500 deductible and your comprehensive and collision costs $700 annually, full coverage could be worth keeping.: [$8,000 $500] > [$700 ️ 10] $7,500 > $7,000
Like collision, the deductible you choose for comprehensive coverage applies when you file a comprehensive claim. Other types of coverage Most insurance companies offer add-on coverage types to ...
Comprehensive coverage, also known as other-than-collision coverage, is subject to a deductible and covers cars damaged by incidents that are not considered collisions. For example, fire, theft (or attempted theft), vandalism, damage from weather such as wind or hail, or impacts with non-human animals are types of comprehensive losses.
Your lender will usually require collision and comprehensive coverage if you are financing or leasing, and they may have rules regarding your deductible amount. Comprehensive coverage (COMP or OTC ...
Comprehensive coverage, however, is usually cheaper than collision and is just a small portion of that total premium. How much comprehensive coverage is in additional premium depends on your ...
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