Auto Insurance Comprehensive Coverage
There is a considerable difference between conventional auto insurance
and comprehensive auto insurance, and knowing the difference may literally
save you thousands of dollars down the line. If you have ever gone searching
for insurance in the past, you have probably noticed just how many different
types of policies are available to most drivers. With such variety comes
some major distinctions, so be sure to know which you're getting when
you sign up.
Simply put, comprehensive auto insurance is exactly what it sounds
like — coverage no matter what happens. Most conventional policies
pertain only to moving accidents and theft, but the comprehensive version
covers literally the full panoply of potential hazards. From acts of
God like floods and blizzards through vandalism and more, there need
not be an identified perpetrator for you to collect on that claim.
Of course what you give up with comprehensive auto insurance can generally
be measured in dollars, particularly if you want a higher deductible
as well. Too many people make the mistake of opting for inexpensive
insurance without considering what happens in the event of a true calamity.
Believe it or not, $40 more each month could mean the difference between
financial ruin and smooth-sailing solvency in the years to come.
The rates you can expect on auto insurance vary according to your own
driving habits. It's not unusual for carriers to penalize drivers who
have made an abundance of such claims in the past, and moving violations
of any sort are usually cause for concern. Good documentation, proper
caution and a little patience may help you earn better rates, however,
so don't be afraid to comparison shop for this essential purchase.
Auto insurance shouldn't have to feel so confusing, and one of the
simplest ways to take out the guesswork is to opt for a comprehensive
package. If you live in a dangerous neighborhood or simply want to enjoy
peace of mind in the months and years ahead, there is no safer bet than
giving your car coverage from bumper-to-bumper no matter what befalls
NEXT TOPIC: "Collision