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Comprehensive auto insurance plans, or discounted insurance policies that offer valuable and potentially financially life-saving security, are fairly common nowadays, especially as a form of coverage for younger drivers. Despite its name and the fact that it covers things like car theft and damage to auto glass in Centennial, CO, and elsewhere, comprehensive coverage is not totally comprehensive in that there are important things that are not usually covered under these plans. The following is a guide to how these insurance plans work and what exactly they typically cover as well as refuse to cover. While the following is not true of absolutely all comprehensive plans, they do tend to work similarly across the board, as the various auto insurance companies that compete for your business will match each other's activities. What Comprehensive Plans Cover These plans, like all auto insurance plans, are meant to be at least a basic form of protection against loss and damages. Because these things can happen in a number of different ways, it is important to look at the specifics of a plan before enrolling and potentially signing your car away. Here is a list of items that are typically covered under comprehensive plans: • Damage from falling objects • Car theft • Fire damage • Damage from natural disasters (Some do not apply; this varies and can depend on your geographical location in the country, so be sure to look at these specifics.) • Vandalism • Damage to and total replacement of auto glass • Damage from colliding with an animal (important if you live in an area with a high population of deer and other large, wild animals) What Comprehensive Plans Do Not Cover Comprehensive plans have some glaring omissions. It is important to be aware of the items for which your plan will not pay claims. Here are some of the important things that will not be covered: • Collisions with hard objects such as telephone poles or mailboxes • Towing • Car rentals, even if your car is undergoing repairs and cannot be safely driven • Damage to personal property (which should be covered by your home or renter's insurance policy) • Property loss due to theft or vandalism What Will Be Covered with Additional Fees or Plans You may be able to add the following to your comprehensive insurance plan if they are not already covered: • Lockout assistance • Roadside assistance • Rental car reimbursement (after-the-fact compensation as opposed to insurance-provided rentals) • Vehicle collisions (That's right, a comprehensive plan might not even cover a collision with another vehicle.) While these plans can have some omissions, they cover many important things to protect drivers. Theft, for example, will need to be covered if you live in a large urban area. Similarly, you might need comprehensive auto coverage if you live in an area prone to certain natural disasters like tornadoes or flooding. These plans can be fairly affordable, especially when compared with more traditional auto insurance plans, but your savings can come with a potential cost. With most comprehensive plans, your monthly premium costs go down the higher your deductible is. When you select a plan with a high deductible, you may have to pay large amount out of pocket before your insurance picks up any fees associated with your claim. However, not having insurance at all is always the most costly option. When it comes down to basic bad luck, you never know when or how often you will be a victim of vehicle damage. Because of the great unknown that insurance plans cover, you should rely on a comprehensive plan--if not a more traditional plan--to cover the costs of new or repaired auto glass in Centennial, CO, as well as any other necessities involved in restoring a vehicle to a safe and drivable state.
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