Contact Us: ​(936) 327-4364
FIRST COMMUNITY FINANCIAL GROUP, INC.
  • Home
  • Quotes
    • Auto Quotes >
      • ATV Insurance Quote
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Golf Cart Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
      • SR22 Insurance Quote
    • Property Quotes >
      • Home Insurance Quote
      • Condo Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Mobile Home Insurance Quote
      • Renters Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Builder’s Risk Quote
      • Commercial Auto Quote
      • Farm Insurance Quote
      • Garage & Garagekeeper’s Quote
      • General Liability Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
    • Health Quotes >
      • Health Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
  • Service
    • Report a Claim
    • Policy Review
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Golf Cart Insurance
      • Motorcycle Insurance
      • RV Insurance
      • SR22 Insurance
    • Property >
      • Home Insurance
      • Condo Insurance
      • Flood Insurance
      • Landlords Insurance
      • Mobile Home Insurance
      • Renters Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Builder’s Risk Insurance
      • Commercial Auto Insurance
      • Farm Insurance
      • Garage & Garagekeeper’s Insurance
      • General Liability
      • Insurance Bonds
      • Workers Compensation
    • Health >
      • Health Insurance
    • Other >
      • Event Insurance
      • Umbrella Insurance
  • About
    • Our Staff
    • Client Testimonials
    • Refer a Friend
    • Agency Photo Gallery
    • Accessibility Statement
    • Insurance Carriers
    • News
    • Blog
  • Contact
  • Home
  • Quotes
    • Auto Quotes >
      • ATV Insurance Quote
      • Auto Insurance Quote
      • Classic Car Insurance Quote
      • Golf Cart Insurance Quote
      • Motorcycle Quote
      • RV Insurance Quote
      • SR22 Insurance Quote
    • Property Quotes >
      • Home Insurance Quote
      • Condo Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Mobile Home Insurance Quote
      • Renters Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Builder’s Risk Quote
      • Commercial Auto Quote
      • Farm Insurance Quote
      • Garage & Garagekeeper’s Quote
      • General Liability Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
    • Health Quotes >
      • Health Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
  • Service
    • Report a Claim
    • Policy Review
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Golf Cart Insurance
      • Motorcycle Insurance
      • RV Insurance
      • SR22 Insurance
    • Property >
      • Home Insurance
      • Condo Insurance
      • Flood Insurance
      • Landlords Insurance
      • Mobile Home Insurance
      • Renters Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Builder’s Risk Insurance
      • Commercial Auto Insurance
      • Farm Insurance
      • Garage & Garagekeeper’s Insurance
      • General Liability
      • Insurance Bonds
      • Workers Compensation
    • Health >
      • Health Insurance
    • Other >
      • Event Insurance
      • Umbrella Insurance
  • About
    • Our Staff
    • Client Testimonials
    • Refer a Friend
    • Agency Photo Gallery
    • Accessibility Statement
    • Insurance Carriers
    • News
    • Blog
  • Contact

First Community Financial Group, Inc. Blog

The Difference Between Comprehensive and Collison Auto Insurance

1/21/2023

0 Comments

 
Comprehensive vs. Collison Auto Insurance

Auto insurance is designed to provide you with financial assistance in the event of an accident, theft or other instance of vehicle damage. After all, you shouldn’t have to bear the costs of an accident entirely on your own.
There are a few separate benefits that the average policy will utilize to cover vehicle damage. Two of these are collision coverage and comprehensive coverage. You have to understand that these are equally essential, but still unique and separate benefits. Here’s how they work.

Collision Coverage

Collision insurance is often the type of physical damage insurance that is most familiar to policyholders. It will help you cover costs to repair or replace your vehicle following a wreck. You can use this benefit when an accident is your fault, since under the circumstances you won’t be able to file against another at-fault party’s liability insurance.

Typically, your collision coverage will pay for the cost of your repairs, minus the cost of a deductible. If the vehicle is totaled in the accident, then the policy will often pay the cash value of the car at the time of the loss, minus the deductible cost. This might not be the full cost necessary to buy a new car, but it will represent a settlement for the value of the vehicle lost.

Factors like your chosen deductible, the value of your vehicle and your driving habits will influence the cost of your collision coverage and your overall premium. Plus, if you have a tarnished driving record, then you are likely to pay a higher premium overall because you have a higher likelihood (in the eyes of the insurer) of filing a damage claim.

Comprehensive Coverage

Aside from collision coverage, comprehensive coverage is a separate physical damage benefit that is designed to cover vehicle damage from hazards other than collisions. Unlike its name might suggest, it does not include collision coverage as part of its benefit. You must purchase these two benefits separately in order to get full coverage.

There are many cases in which comprehensive coverage can pay for vehicle damage. For example, if a tree falls on your car during a storm, then this is the benefit that will pay for the repairs. If your car were to catch on fire (even while you are driving it), then this is another circumstance in which your plan will cover you.

Considerations

Physical damage insurance is not a benefit that any driver should be without, and it’s easy to see just how much assistance this plan can provide you in the event of vehicle damage. This coverage is so essential that many vehicle lenders will require drivers to purchase this coverage if they finance their car purchases. By having this coverage, you can better guarantee that you won’t default on your loan payments just because of damage to or loss of your vehicle.

Contact one of our agents today to get a free quote for your auto, ATV, boat or RV!

0 Comments



Leave a Reply.

    Contact Us

    (936) 327-4364
    115 W. Polk St.
    Livingston, TX 77351​
    Click Here to Email Us

    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022

    Categories

    All
    ATV's
    Autos
    Boat
    Business Insurance
    Commercial Insurance
    Do It Yourself
    FAQs
    Farm
    Financial
    Flood
    Golf Carts
    Health And Wellness
    Homes
    Hurricane Season
    Insurance
    Life Insurance
    Local
    Mobile Homes
    Motorcycles
    RV's
    Safety
    Savings
    Seasonal
    SR22 Insurance
    Travel

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

First Community Financial Group, Inc.
115 W. Polk St.
Livingston, TX 77351
(936) 327-4364
​Click Here to Email Us
Review Us

Location

Picture
 | CC-BY-SA-3.0 | Website by InsuranceSplash