Sunday, June 12, 2011

Understanding Collision Coverage

In the event of an automobile accident, the at-fault driver is required to pay for any damages he or she causes to the other driver's vehicle. The at-fault driver's insurance usually covers these costs. This leaves the at-fault driver to pay for his or her own auto repairs out of pocket in many cases.

Paying for these repairs out of pocket may be difficult or even impossible for some drivers. Drivers who carry collision coverage, however, can help safeguard themselves against high auto repair costs while still having adequate coverage for the other motorist.

There are varying degrees of automobile insurance. The most basic level, liability insurance, only covers drivers who are not at fault in accidents. This means that the victim in the crash is covered, but the at-fault driver is not.

Collision insurance, on the other hand, covers both drivers involved in the accident. This means that both the driver that was at fault and the driver that was not at fault are covered.

In most cases, drivers who cause accidents but have collision coverage will have to pay a deductible before getting his or her car fixed. While this deductible may be several hundred dollars, it is usually just a fraction of what the total cost would be if the driver were to pay for the repairs out of pocket.

Individuals wishing to add collision coverage to their policies should first get a quick collision coverage quote. This can help cut down the time it takes to give you peace of mind that you will be covered no matter what happens when you drive.

Getting a quick collision coverage quote can help you save time when shopping for auto insurance, meaning you can get covered and on the road in no time.

Article Source: