What Does Comprehensive Auto Insurance Cover?

Car financing paperwork

Looking to buy a new vehicle in Centerville? You’re going to need to insure it. Not sure which insurance coverages best fit your needs? From liability coverage to comprehensive coverage to collision coverage and more, you have lots of options. Comprehensive auto insurance specifically covers any damage to your vehicle that’s the result of something other than a collision. If your car is stolen, vandalized, or hit by a falling object, for example, these types of incidents are usually covered. Of course, as with any insurance policy, there are exclusions and limitations. Contact us to learn more about comprehensive auto insurance with the finance and insurance experts here at Bob Ross Buick GMC!

Understanding Comprehensive Car Insurance

Wondering how comprehensive car insurance compares to other auto insurance coverages available to you? Here’s a helpful list so you can find the right auto policy for your needs:

  • Comprehensive Car Insurance: Comprehensive vehicle insurance protects you against any issues that aren’t related to crashes or collisions, such as vandalism and theft.
  • Collision Insurance: Unlike comprehensive coverage, collision insurance coverage protects your car against damages accrued during any single car or multi-car collision. Collision coverage usually reimburses you for repairs in a damaged vehicle or pays for at least a portion of the value of a replacement vehicle of like kind and quality if your vehicle was totaled.
  • Liability Insurance: If you cause an accident near Springboro, you’ll be held responsible for any damages you cause to others. Liability insurance pays to repair or replace the vehicles of other drivers if you are at fault in a collision. It also covers the medical bills anyone injured in an accident for which you’re at fault.
  • GAP Insurance: When you pay an auto loan you make an agreement to pay a certain amount every month. Unfortunately, over time, your vehicle’s value depreciates. If you owe more than your vehicle is worth and your car gets totaled, your loan will be “underwater”. If you opt for GAP insurance, though, you can be protected in this kind of situation.

While some forms of auto insurance are recommended for all drivers, others might be necessary. To learn more about car insurance requirements in Ohio, be sure to get in touch with local Centerville insurance companies and licensed insurance agents or brokers.

Rely on Bob Ross Buick GMC for Your Finance Needs

Our finance team here at Bob Ross Buick GMC near Kettering is happy to help answer your additional questions, or continue to help you in your research by comparing the benefits of leasing vs. financing! Ready to learn more? Don’t hesitate to get in touch with us today! We can’t wait to help.

Bob Ross Buick GMC , .