Physical Damage Car Insurance Coverage
Filed under: Uncategorized
Reader’s Question:
I just want to verify this term physical damage coverage. Does this pay any damage from your car in case of an accident and cover the car if it gets stolen? Im thinking of purchasing this coverage on my car insurance policy.
Michael
Brooklyn NY
If you are referring to the physical damage coverages such as collision and comprehensive then you are correct. These coverage pays damage to your car in case of an accident. These coverage are usually required by lienholders if you are still paying off your vehicle. This is a valuable additional/optional coverage that you can add to your car insurance policy.
Comprehensive coverage covers your car for any incident such as car theft, damaged by flood, fire, vandalism or acts of nature. This coverage will let you to have your vehicle repaired or if deemed a total loss compensated for, less the deductible you pay.
Collision coverage covers your car when hit, or is hit, by another car or object. Therefore this coverage pays damage to your car or if your car is totaled in case of an accident and was your fault; less the deductible you pay.
You can get cheap car insurance quote if you take time to shop for this type of coverage. You can start here in this website.