Comprehensive Insurance in Clarksville, TN and Fort Campbell, KY
Collision risks aren’t the only hazards that might damage your vehicle; fires, severe weather, theft, vandalism and other threats could damage your car. In any of these cases, you may face significant financial losses. The good news is that your auto insurance can provide aid through a type of coverage called comprehensive insurance.
Augustine Insurance & Financial Services of Clarksville can help all Tennessee drivers get the quality auto insurance solutions that are right for them. We can help you receive an expansive policy—with comprehensive coverage included—and still be able to afford it.
Contact us today to learn more about your auto insurance needs!
What Is Comprehensive Coverage?
Comprehensive coverage is a specific benefit that covers your vehicle if it gets damaged in accidents unrelated to collisions. It may cover damage from hazards like:
For example, if a tree falls on your car during a storm, you can turn to your comprehensive coverage to help you pay for the repairs. Having it can help you minimize your potential for financial strain as you seek to recover from your losses.
Is Comprehensive Coverage Full Auto Insurance?
Unlike its name might suggest, comprehensive coverage is not full auto insurance coverage. It only covers vehicle damage that is unrelated to a collision. To get a full policy, you might need a variety of other coverage, including:
Why Do I Need Comprehensive Coverage?
If you have financed or leased your vehicle, you may be required to buy comprehensive coverage. The coverage can ensure lenders that you have protected the investment made in the vehicle.
Regardless of whether you’re required to buy coverage, you can always benefit from this protection. You never know when an inconvenient hazard might come along to damage your vehicle.
Comprehensive coverage will help cover the costs of fixing your vehicle. Having this coverage means you won’t put an unplanned or undue strain on your wallet as you have your vehicle repaired.
How Much Will Comprehensive Coverage Pay Me?
Different policy terms will influence how your comprehensive coverage pays for your damage costs:
Most comprehensive coverage pays you for the cost of vehicle damage minus the cost of the policy deductible. Damage costs that are less than the value of your deductible, however, will not have coverage.
If your car is totaled, most comprehensive policies settle with you based on the car’s actual cash value (ACV). The ACV is the depreciated value of a vehicle at the time damage occurs. The deductible will still apply.
Some policies pay the totaled car’s replacement cost value (RCV), which pays a settlement that more closely reflects the like-new value of the vehicle. The deductible will still apply to the claim, however.
What Does Comprehensive Coverage Cost?
Adding comprehensive coverage to your auto policy may cause your rates to increase. However, your Augustine Insurance agent will work with you to ensure that your policy remains affordable. With a wide range of carriers in our carrier network, we can help you choose the policy that always offers the best combination of both coverage and price.
To get the auto insurance that is right for you, contact us today for a free quote! We’re here to make your search for coverage easy.
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