Do I Need Collision and Comprehensive Car Insurance Coverage?
If you took a loan to buy or are leasing your vehicle, collision and comprehensive coverage will probably be required by your financing or leasing company. If you own your vehicle outright, this coverage is optional but does provide protection for your vehicle in the event of a covered accident.
When deciding whether to purchase collision and comprehensive, compare the value of your vehicle to the cost of the coverage. Also consider whether you could replace the vehicle if it is rendered inoperable by an accident.
Looking for a free car insurance quote? It’s easy to get a quote for minimum limits insurance at Good2Go.com¹.
¹Quote times on partner sites may vary. Prices vary based upon the state where you reside, the minimum limits you purchase, and other underwriting factors.
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- A grateful parent