Why You Need Comprehensive Car Insurance As A Car Enthusiast

As a car enthusiast, you probably love your car a lot. You've spent countless hours and dollars making it the best it can be. You've also made sure that everything from the tires to the interior is exactly how you want. But what about your insurance?

Does your current insurance policy cover your car? Is it enough to cover everything that can happen to your beloved? Probably not. 

That's why we’ve created this guide: to introduce you to comprehensive car coverage, help you understand why it is so important, and give you an idea of how much it costs. 

What Is Comprehensive Car Coverage?

Comprehensive car coverage is one of the many types of car insurance that you can purchase. It's also one of the more confusing ones because it's not as straightforward as liability insurance.

Comprehensive car coverage is meant to cover any loss or damage that happens to your vehicle that isn't related to an accident or negligence on your part. This can include things like dents, theft, or even flood damage.

Although they're both forms of auto insurance, liability insurance and comprehensive car coverage serve different purposes.

Liability insurance helps pay for damages you cause to other people's cars after an accident, while comprehensive coverage pays for damage to your vehicle.

It’s important to note that the law makes it mandatory to buy liability insurance. On the other hand, comprehensive car coverage is optional, but it’s something a car enthusiast should definitely consider.

If you’re looking for a reliable provider, you should consider buying car insurance with Rollin insurance.

Why Do You Need Comprehensive Car Coverage? 

If you're wondering why comprehensive car coverage is so important, here are some important reasons you need it.

1. It Protects You Against Theft

While vehicle theft isn’t as common as it used to be, there are still thieves out there who are eager to steal your vehicle. This is especially true for attractive and modified vehicles like those kept by car enthusiasts. 

Comprehensive coverage will protect you against theft by reimbursing you for any costs incurred as a result of the crime.

2. It Protects You Against Weather-Related Damage 

Weather-related events are one of the most common causes of damage to cars. If you live in an area that experiences storms or floods, then comprehensive car insurance will provide you with protection against these calamities. 

Keep in mind that storms are not the only weather-related event that can cause damage to your vehicle. Hail damage accounted for claims worth $477 million in 2020 alone! And comprehensive car coverage will protect you against hail damage too.

3. It Covers Damage Caused By Animals

State Farm mentions that animal collisions accounted for an estimated $1.9 million claims in the U.S. between July 2021 to June 2022. 

This is because animals are unpredictable, and they can suddenly dart out into traffic or even jump on your car. If you have comprehensive insurance, you will be covered for damage caused by animals such as deer, moose, or raccoons.

4. It Covers Damage Due To Vandalism Or Rioting

Vandalism can be costly — especially for a modified car owned by a car enthusiast like you. It’s also frustrating because perpetrators often don’t leave behind any evidence of their identity or motives for destroying your property. Comprehensive coverage will reimburse you for any damages caused by vandals.

How Much Does Comprehensive Car Coverage Cost?

According to the Insurance Information Institute (III), the average cost of comprehensive insurance is about $134 per year. 

This cost varies by state because each state has its own laws regulating what kind of coverage must be offered and how much it costs. 

In addition, factors such as your driving history and credit score can affect how much you pay for comprehensive coverage.

Comprehensive coverage is usually paired with liability and collision insurance which is referred to as full coverage. This can increase the total cost you pay.

Moreover, your deductible will also affect what you pay for car insurance. The higher your deductible, the lower your monthly premium will be. But at the same time, the higher your deductible, the higher your out-of-pocket expense will be in the event of any damage to your car. 

Final Words

To sum it up, comprehensive car insurance is definitely worth looking into if you're a seasoned driver with a passion for cars. Comprehensive coverage gives you peace of mind knowing no matter the unexpected circumstances you may find yourself in, your vehicle will be protected from any damage that may come your way.