Do I Need Comprehensive Car Insurance?

When it comes time to choose the right car insurance policy for you, you need to evaluate every option available. Two of the most common types of car insurance are collision insurance and comprehensive car insurance. Collision insurance covers you when you are in an accident with another car or stationary object. As the name suggests, comprehensive car insurance gives you increased vehicle protection.

Say your car is stolen, catches on fire or is damaged in a natural disaster. None of these catastrophes were caused by a collision with another vehicle, but they still require repairs that will cost you money. If you only had collision car insurance, you’d likely be forking out a tremendous amount cash, but with comprehensive car insurance, you will be covered.

Now that you know what all is covered under comprehensive car insurance, it’s time to decide if this type of insurance is right for you and your needs. The answer to this question will depend on your particular situation. Take the time to ask yourself the following questions to determine if comprehensive insurance is the best option for you:

Does my lender require comprehensive car insurance? Sometimes lenders make comprehensive car insurance a requirement. This is why it is so important to check with the leaseholder of your vehicle to find out what they expect. If it is mandatory, you absolutely need to make sure you have it.

What is the age and worth of your vehicle? The worth of your vehicle is another highly important factor in determining whether comprehensive car insurance is right for you. Kelly’s Blue Book functions as an excellent resource for determining the value of your car. If you have an older car that doesn’t cost too much to repair or replace, you may decide that you don’t need comprehensive coverage. If, on the other hand, you have a new car, repairs will cost a great deal and a comprehensive policy is recommended.

With all the various car insurance agencies out there, choosing the right one to insure your vehicle can be difficult. You need to find an insurance agency that offers comprehensive insurance at an affordable price.

Many make the mistake of simply purchasing the cheapest coverage available. Don’t fall into this trap. If a tragedy does occur, you may find themselves faced with a high deductible or lack of coverage.

One of Nashville’s most trusted car insurance agencies, Royce Williams Agency, will make sure this doesn’t happen to you. Our clients are protected in the instance of an emergency with the best possible insurance at the best possible price. If you are ready to find out how much comprehensive car insurance would cost you, you can get a free comprehensive car insurance quote here or give give us a call at (615) 356-4800.