Life is complicated, insurance doesn't have to be.
Read time: 4 minutes
When you hear someone use the term “comp and collision,” they are referring to two separate insurance coverages available for personal auto insurance policies: Comprehensive coverage (also referred to as Other Than Collision coverage) and Collision coverage.
What is Comprehensive insurance?
Comprehensive insurance helps pay for damages to your vehicle caused by factors other than an accidental collision, such as fire, vandalism, weather (hail, flooding, wind, lightning, etc.), theft, impact with an animal, etc. (Exclusions may apply.)
Here are some examples of when Comprehensive insurance may apply:
Comprehensive insurance coverage does not cover your vehicle from all types of damage. This is a common misconception.
For example, Comprehensive insurance does not cover damages resulting from:
These damages are typically covered by Collision insurance. (Exclusions may apply.)
Read more: Making the Auto Insurance Switch
What is Collision insurance coverage?
Collision insurance helps cover the cost of loss or damage to your vehicle when it is involved in an accidental collision with another vehicle or object. (Exclusions may apply.)
Collision insurance coverage is exactly what it sounds like. It covers you when your vehicle collides with an object, or another car. It generally provides coverage for situations where you are the one being hit or where you accidentally hit another vehicle.
Even situations where your car is parked and hit by another vehicle or by an object on the ground is typically covered by Collision insurance.
Read more: You Just Got Into A Car Accident. Now What?
What is the biggest difference between Comprehensive and Collision insurance?
The main difference between Collision insurance and Comprehensive insurance are the situations that each covers.
Comprehensive insurance covers your vehicle for situations outside of an accidental collision such as, damage from weather (hail, flood, wind, lightning, etc.), vandalism, theft, fire, and even damage caused by an animal.
Collision insurance covers a loss if your vehicle hits an object or another vehicle, or if another vehicle hits your vehicle.
What do I need?
This will depend on a few factors. These are great topics to discuss with your local independent Auto-Owners agent. They are experts trained in helping you find the best coverage.
A few things to consider when deciding if you want Comprehensive, Collision or both coverages on your personal auto insurance policy include:
Read more: Car Insurance and Rental Cars: Everything You Need to Know
How do I know what personal auto insurance policy is best for me?
Now that you know more about the coverages available, you may be wondering what policy will be best for you. If you’re shopping for personal auto insurance, you likely already know that there are a lot of options out there. Most auto insurance policies offer similar coverages and options.
The areas where these products really stand out are the companies behind them. So, once you determine what coverages you want, do some research on the insurance companies that offer them.
When comparing auto insurance companies, here are some things to consider:
So, if you still find yourself asking if you need Comprehensive and/or Collision insurance, it’s a good time to call your local, independent insurance agent to help you navigate all of your personal auto insurance coverage options.
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