Deciding Between Comprehensive And Collision Coverage: Determining The Right Choice For Your Needs

​Auto insurance can be confusing, especially when it comes to understanding the different types of coverage available. Two of the most common types of coverage are comprehensive and collision. Both are designed to protect you financially in the event of an accident or damage to your vehicle, but they cover different things. So, which one do you need in Detroit? Let's take a closer look.

Collision Coverage:
Collision coverage is designed to pay for damages to your vehicle when you are involved in an accident with another vehicle or object. This includes collisions with another car, a tree, a wall, or any other stationary object. It does not cover damage caused by weather events, theft, or vandalism.

For example, if you were to hit a guardrail while driving in Detroit and your car suffered significant damage, your collision coverage would pay for the repairs, up to the limit of your policy. If the damage exceeds the cost to repair the vehicle, collision coverage would pay out the current cash value of the car.

Comprehensive Coverage:
Comprehensive coverage is designed to pay for damages to your vehicle that are not caused by a collision. This includes damage caused by theft, vandalism, fire, hail, flooding, and other weather-related events.

For example, if your car is stolen while parked on a Detroit street or your car is damaged in a hailstorm, comprehensive coverage would pay for the repairs or replacement of your vehicle.

Which One Do You Need in Detroit?
Determining which coverage you need largely depends on the value of your car and your risk tolerance. If you have a newer car, or a car with a high value, it may be worth it to invest in both collision and comprehensive coverage to protect your investment. However, if your car is older or has a lower value, you may want to consider dropping one or both types of coverage to save on your monthly premiums.

It is important to keep in mind that Detroit has a high rate of car theft and vandalism, so comprehensive coverage may be particularly important in this city. Additionally, Detroit is known for its harsh winters, which can lead to icy roads and an increased risk of accidents. Collision coverage may be more necessary if you frequently drive in these conditions.

Ultimately, the decision of which coverage to choose comes down to your individual needs and circumstances. Speak with a knowledgeable insurance agent to discuss your options and determine which coverage is right for you.

In conclusion, both comprehensive and collision coverage can be important components of an auto insurance policy, depending on your vehicle's value and your level of risk tolerance. Be sure to carefully evaluate your options and speak with an agent to make an informed decision.

At Family Auto Insurance Agency, we strive to provide our clients with affordable and comprehensive policies. We will always go all out to satisfy your demands. To learn more about how we can assist you, don't hesitate to contact us at (313) 285-9042 or CLICK HERE ​to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!